(29 JULY 2019)Gold spot ($):1433.50 expected.

(29 JULY 2019)Gold spot ($):1433.50 expected.

29 July 2019, 09:12
Jiming Huang
0
52

go

Pivot (invalidation): 1416.00

Our preference

Long positions above 1416.00 with targets at 1429.00 & 1433.50 in extension.

Alternative scenario

Below 1416.00 look for further downside with 1411.00 & 1406.00 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)


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