GCMAsia - GOLD

GOLD_
2019-11-06

GOLD_, H4: Gold price remain traded in a sideway channel while currently testing near the support level 1481.30. However, MACD which illustrate bearish bias signal suggest the commodity to be traded lower after it breaks below the support level.
Resistance level: 1514.60, 1533.35
Support level: 1481.30, 1455.85