(07 AUGUST 2019)Gold spot ($):Towards 1505.00.

(07 AUGUST 2019)Gold spot ($):Towards 1505.00.

7 August 2019, 09:33
Jiming Huang
0
58

go

Pivot (invalidation): 1468.00

Our preference

Long positions above 1468.00 with targets at 1494.00 & 1505.00 in extension.

Alternative scenario

Below 1468.00 look for further downside with 1460.00 & 1452.00 as targets.

Comment

The RSI is bullish and calls for further advance

(By Swissquote TRADING CENTRAL)


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