GCMAsia - GOLD

GOLD_
2020-02-03

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1588.00. MACD which illustrate bearish bias signal suggest the commodity to extend its retracement towards the support level 1561.90.
Resistance level: 1588.00, 1613.35
Support level: 1561.90, 1542.15