(09 AUGUST 2019)Gold spot ($):Expect 1517.00.

(09 AUGUST 2019)Gold spot ($):Expect 1517.00.

9 August 2019, 09:51
Jiming Huang
0
52

go

Pivot (invalidation): 1495.00

Our preference

Long positions above 1495.00 with targets at 1510.00 & 1517.00 in extension.

Alternative scenario

Below 1495.00 look for further downside with 1489.00 & 1481.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)


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