(22 January 2020)Gold spot ($) Under pressure.

(22 January 2020)Gold spot ($) Under pressure.

22 January 2020, 09:10
Jiming Huang
0
58

go
Pivot
 (invalidation): 1557.50
Our preference
Short positions below 1557.50 with targets at 1546.00 & 1542.00 in extension.
Alternative scenario
Above 1557.50 look for further upside with 1561.00 & 1564.50 as targets.
Comment
The RSI advocates for further downside

(By Swissquote TRADING CENTRAL)

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