GCMAsia - GOLD

GOLD_
2019-08-30

GOLD_, H4: Gold price was traded lower while currently testing the 50 moving average line (Blue). MACD which display bearish bias momentum suggest the commodity to extend its losses after it successfully breakout below the 50 moving average line (Blue).
Resistance level: 1535.00, 1555.75
Support level: 1515.55, 1495.60