GCMAsia - GOLD

GOLD_
2019-05-22

GOLD_, H4: Gold was traded lower following prior retracement from the resistance level at 1302.40. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 1293.20.
Resistance level: 1302.40, 1308.90
Support level: 1293.20, 1288.50