(20 MAY 2020)Gold spot ($) Expect 1765.00.

(20 MAY 2020)Gold spot ($) Expect 1765.00.

20 May 2020, 09:28
Jiming Huang
0
94

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Pivot
 (invalidation): 1735.00
Our preference
Long positions above 1735.00 with targets at 1758.00 & 1765.00 in extension.
Alternative scenario
Below 1735.00 look for further downside with 1724.00 & 1716.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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