(17 JULY 2019)Gold spot ($):Target 1396.00.

(17 JULY 2019)Gold spot ($):Target 1396.00.

17 July 2019, 09:07
Jiming Huang
0
58

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Pivot (invalidation): 1410.00

Our preference

Short positions below 1410.00 with targets at 1400.50 & 1396.00 in extension.

Alternative scenario

Above 1410.00 look for further upside with 1416.00 & 1419.00 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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