(23 AUGUST 2019)Gold spot ($) 1487.00 in sight.

(23 AUGUST 2019)Gold spot ($) 1487.00 in sight.

23 August 2019, 09:25
Jiming Huang
0
48

go
Pivot
 (invalidation): 1500.50
Our preference
Short positions below 1500.50 with targets at 1492.50 & 1487.00 in extension.
Alternative scenario
Above 1500.50 look for further upside with 1504.50 & 1509.00 as targets.
Comment
A break below 1492.50 would trigger a drop towards 1487.00.

(By Swissquote TRADING CENTRAL)

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