(08 AUGUST 2019)Gold spot ($):Target 1521.00.

(08 AUGUST 2019)Gold spot ($):Target 1521.00.

8 August 2019, 09:28
Jiming Huang
0
49

go

Pivot (invalidation): 1491.00

Our preference

Long positions above 1491.00 with targets at 1510.00 & 1521.00 in extension.

Alternative scenario

Below 1491.00 look for further downside with 1481.00 & 1472.00 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up

(By Swissquote TRADING CENTRAL)


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