GCMAsia - GOLD

GOLD_
2019-08-01

GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level 1421.40. MACD which illustrate bearish momentum signal with the formation of death cross suggest the commodity to extend its losses towards the support level 1403.15.
Resistance level: 1421.40, 1437.95
Support level: 1403.15, 1386.35