GCMAsia - GOLD

GOLD_
2019-07-31

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1431.45. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement toward the support level at 1424.05.
Resistance level: 1431.45, 1450.00
Support level: 1424.05, 1415.40