(14 AUGUST 2019) Gold spot ($):1479.00 expected.

(14 AUGUST 2019) Gold spot ($):1479.00 expected.

14 August 2019, 09:32
Jiming Huang
0
54

GO

Pivot
 (invalidation): 1514.00
Our preference
Short positions below 1514.00 with targets at 1485.00 & 1479.00 in extension.
Alternative scenario
Above 1514.00 look for further upside with 1520.00 & 1527.00 as targets.
Comment
As Long as 1514.00 is resistance, expect a return to 1485.00.

(By Swissquote TRADING CENTRAL)

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