(05 AUGUST 2019)Gold spot ($):The upside prevails.

(05 AUGUST 2019)Gold spot ($):The upside prevails.

5 August 2019, 09:22
Jiming Huang
0
52

go

Pivot (invalidation): 1442.00

Our preference

Long positions above 1442.00 with targets at 1462.00 & 1470.00 in extension.

Alternative scenario

Below 1442.00 look for further downside with 1436.00 & 1430.00 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)


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