(22 November 2019)Gold spot ($) The downside prevails.

(22 November 2019)Gold spot ($) The downside prevails.

22 November 2019, 09:01
Jiming Huang
0
33

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Pivot
 (invalidation): 1468.50
Our preference
Short positions below 1468.50 with targets at 1462.00 & 1457.00 in extension.
Alternative scenario
Above 1468.50 look for further upside with 1471.50 & 1474.50 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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