(30 October 2019)Gold spot ($) Key resistance at 1492.50.

(30 October 2019)Gold spot ($) Key resistance at 1492.50.

30 October 2019, 09:25
Jiming Huang
0
82

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Pivot
 (invalidation): 1492.50
Our preference
Short positions below 1492.50 with targets at 1483.50 & 1479.00 in extension.
Alternative scenario
Above 1492.50 look for further upside with 1497.00 & 1500.50 as targets.
Comment
As Long as 1492.50 is resistance, expect a return to 1483

(By Swissquote TRADING CENTRAL)

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