(23 JULY 2019)Gold spot ($):Expect 1407.00.

(23 JULY 2019)Gold spot ($):Expect 1407.00.

23 July 2019, 09:30
Jiming Huang
0
49

go

Pivot (invalidation): 1428.50

Our preference

Short positions below 1428.50 with targets at 1415.00 & 1407.00 in extension.

Alternative scenario

Above 1428.50 look for further upside with 1435.00 & 1441.00 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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