(11 November 2019)Gold spot ($) Rebound expected.

(11 November 2019)Gold spot ($) Rebound expected.

11 November 2019, 09:17
Jiming Huang
0
37

go
Pivot
 (invalidation): 1459.00
Our preference
Long positions above 1459.00 with targets at 1468.00 & 1472.50 in extension.
Alternative scenario
Below 1459.00 look for further downside with 1456.00 & 1453.00 as targets.
Comment
A support base at 1459.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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