(12 September 2019 )Gold spot ($) Consolidation in place.

(12 September 2019 )Gold spot ($) Consolidation in place.

12 September 2019, 09:56
Jiming Huang
0
70

go
Pivot
 (invalidation): 1501.00
Our preference
Short positions below 1501.00 with targets at 1485.00 & 1479.50 in extension.
Alternative scenario
Above 1501.00 look for further upside with 1505.00 & 1510.00 as targets.
Comment
As Long as 1501.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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