(04 October 2019 )Gold spot ($) The upside prevails.

(04 October 2019 )Gold spot ($) The upside prevails.

4 October 2019, 09:13
Jiming Huang
0
85

go
Pivot
 (invalidation): 1503.00
Our preference
Long positions above 1503.00 with targets at 1514.00 & 1519.50 in extension.
Alternative scenario
Below 1503.00 look for further downside with 1496.00 & 1491.00 as targets.
Comment
The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)

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