(15 MAY 2020)Gold spot ($) Expect 1748.00.

(15 MAY 2020)Gold spot ($) Expect 1748.00.

15 May 2020, 08:57
Jiming Huang
0
98

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Pivot
 (invalidation): 1722.00
Our preference
Long positions above 1722.00 with targets at 1743.00 & 1748.00 in extension.
Alternative scenario
Below 1722.00 look for further downside with 1709.00 & 1702.00 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)

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