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020819 GOLD_-Noon

by | Aug 2, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-08-02

GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level at 1430.45. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 1424.05.

 

Resistance level: 1431.45, 1445.60
Support level: 1424.05, 1415.40