(01 JULY 2019)Gold spot ($):Under pressure.

(01 JULY 2019)Gold spot ($):Under pressure.

1 July 2019, 09:26
Jiming Huang
0
52

go

Pivot (invalidation): 1405.50

Our preference

Short positions below 1405.50 with targets at 1384.00 & 1373.00 in extension.

Alternative scenario

Above 1405.50 look for further upside with 1415.00 & 1425.00 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL)

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