GCMAsia - GOLD

GOLD_
2019-08-23

GOLD_, H4: Gold price was traded lower while currently testing the support level 1494.05. However, due to lack of signal and momentum from the MACD, a breakout below or rebound from the support level is required to obtain further confirmation before entering the market.
Resistance level: 1508.25, 1526.60
Support level: 1494.05, 1475.00