GCMAsia - GOLD

GOLD_
2019-08-29

GOLD_, H4: Gold price was traded flat near the support level 1535.00. However, MACD which illustrate bearish bias signal with the formation of death cross suggest the commodity to extend its losses after it breaks below the support level 1535.00.
Resistance level: 1555.75, 1575.00
Support level: 1535.00, 1515.55