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100220 GOLD_-Noon

by | Feb 10, 2020 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2020-02-10

GOLD_, H1: Gold price was traded lower while currently testing the 20 moving average line (Red). MACD which illustrated bearish bias momentum with the formation of death cross suggest the commodity to extend its losses after it successfully breakout below the 20 moving average line (Red).

 

Resistance level: 1571.35, 1578.25

Support level: 1564.15, 1558.00