GCMAsia - GOLD

GOLD_
2019-03-05

GOLD_, H1: Gold price was traded in a downtrend following prior closure below 1294.00. MACD which illustrate diminished upward momentum suggests its prices to extend its losses, towards the direction of 1280.20.
Resistance level: 1294.00, 1305.60
Support level: 1280.20, 1267.30