(06 October 2020)Gold spot ($) Bullish bias above 1903.00.

(06 October 2020)Gold spot ($) Bullish bias above 1903.00.

6 October 2020, 09:10
Jiming Huang
0
77

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Pivot
 (invalidation): 1903.00
Our preference
Long positions above 1903.00 with targets at 1919.00 & 1925.00 in extension.
Alternative scenario
Below 1903.00 look for further downside with 1897.00 & 1886.00 as targets.
Comment
The RSI is mixed with a bullish bias

(By Swissquote TRADING CENTRAL)


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