GCMAsia - GOLD
GOLD_
2019-12-18
GOLD_, H4: Gold price was traded higher following prior rebound from the 20 moving average line (Red). However, MACD which illustrated bearish momentum and the formation of death cross suggest the commodity to be traded lower toward the support level at 1471.65.
Resistance level: 1477.40, 1484.70
Support level: 1471.65, 1464.05