GCMAsia - GOLD

GOLD_
2019-10-21

GOLD_, H4: Gold price was traded lower following prior retracement from the 50 moving average line (Blue). MACD which illustrate diminishing upward momentum suggest its price to extend its losses toward the support level at 1485.60.
Resistance level: 1498.15, 1513.40
Support level: 1485.60, 1474.40