(07 November 2019)Gold spot ($) Look for 1499.50.

(07 November 2019)Gold spot ($) Look for 1499.50.

7 November 2019, 09:25
Jiming Huang
0
31

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Pivot
 (invalidation): 1485.50
Our preference
Long positions above 1485.50 with targets at 1495.00 & 1499.50 in extension.
Alternative scenario
Below 1485.50 look for further downside with 1479.00 & 1474.00 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)

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