GCMAsia - GOLD

GOLD_
2019-06-17

GOLD_, H4: Gold price was traded higher while currently testing near the resistance level 1341.15. However, MACD which illustrate bearish bias signal and the formation of death cross suggest gold to retrace from the resistance level as a technical correction.
Resistance level: 1341.15, 1355.00
Support level: 1321.50, 1302.50