(06 September 2019 )Gold spot ($) Key resistance at 1528.00.

(06 September 2019 )Gold spot ($) Key resistance at 1528.00.

6 September 2019, 09:23
Jiming Huang
0
58

go
Pivot
 (invalidation): 1528.00
Our preference
Short positions below 1528.00 with targets at 1506.00 & 1498.00 in extension.
Alternative scenario
Above 1528.00 look for further upside with 1534.00 & 1543.00 as targets.
Comment
As Long as the resistance at 1528.00 is not surpassed, the risk of the break below 1506.00
remains high.

(By Swissquote TRADING CENTRAL)


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