GCMAsia - GOLD

GOLD_
2019-07-10

GOLD_, Daily: Gold price was traded lower while currently testing the 20-MA line (green). MACD which illustrate bearish momentum suggest the commodity to extend its losses towards the support level 1386.35 after successfully breaking below the 20-MA line.
Resistance level: 1405.00, 1421.40
Support level: 1386.35. 1370.00