GCMAsia - GOLD

GOLD_
2019-10-18

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1496.55. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 1488.10.
Resistance level: 1496.55, 1510.05
Support level: 1488.10, 1479.50