(12 AUGUST 2019)Gold spot ($):Under pressure.
Analytics & Forecasts

(12 AUGUST 2019)Gold spot ($):Under pressure.

12 August 2019, 09:48
Jiming Huang
Jiming Huang
0
119
go

Pivot
 (invalidation): 1505.50
Our preference
Short positions below 1505.50 with targets at 1490.00 & 1481.00 in extension.
Alternative scenario
Above 1505.50 look for further upside with 1510.00 & 1517.00 as targets.
Comment
The RSI is bearish and calls for further downsid

(By Swissquote TRADING CENTRAL)

#Gold spot ($)