GCMAsia - GOLD

GOLD_
2019-08-29

GOLD_, H4: Gold price was traded lower following prior retracement near the resistance level at 1548.05. MACD which display bearish momentum suggest the commodity to extend its retracement toward the support level at 1526.90.
Resistance level: 1548.05, 1565.50
Support level: 1526.90, 1507.10