GCMAsia - GOLD

GOLD_
2019-06-06

GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level at 1331.35. MACD which illustrate bearish momentum and the formation of death cross suggest the commodity to extend its losses toward the support level at 1322.30.
Resistance level: 1331.35, 1340.75
Support level: 1322.30, 1315.00