GCMAsia - GOLD

GOLD
2019-02-21

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1344.75. MACD which illustrate bearish momentum with the starting formation of death cross suggest the commodity to extend its losses toward the support level at 1337.20.
Resistance level: 1344.75, 1355.40
Support level: 1337.20, 1323.15