GCMAsia - GOLD

GOLD_
2019-06-06

GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1331.35. However, MACD which illustrate bearish momentum and the formation of death cross suggest the commodity to be traded lower in short term toward the support level at 1322.30.
Resistance level: 1331.35, 1340.75
Support level: 1322.30, 1315.00