(02 December 2019)Gold spot ($) Consolidation in place.

(02 December 2019)Gold spot ($) Consolidation in place.

2 December 2019, 08:49
Jiming Huang
0
38

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Pivot
 (invalidation): 1464.00
Our preference
Short positions below 1464.00 with targets at 1457.00 & 1453.00 in extension.
Alternative scenario
Above 1464.00 look for further upside with 1466.50 & 1470.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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