GCMAsia - GOLD

GOLD_
2020-01-23

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1561.85. Due to lack of signal from MACD, it is suggested to wait for further confirmation before entering into the market.
Resistance level: 1561.85, 1572.10
Support level: 1551.10, 1538.45