Gold spot ($)
Look for 1498.50.
Pivot
(invalidation): 1490.00
Our preference
Long positions above
1490.00 with targets at 1496.00 & 1498.50 in extension.
Alternative scenario
Below 1490.00 look for further downside with 1486.50 & 1484.00 as targets.
Comment
The
RSI has just landed on its neutrality area at 50% and is turning up.
(By Swissquote TRADING CENTRAL)
