GCMAsia - GOLD

GOLD_
2019-08-12

GOLD_, H4: Gold price was flat while currently testing the support level 1495.60. However, MACD which illustrate bearish bias signal with the recent formation of death cross suggest the commodity to be traded lower after it breaks below the support level.
Resistance level: 1515.55, 1535.00
Support level: 1495.60, 1475.50