(27 December 2019)Gold spot ($) Towards 1521.50.

(27 December 2019)Gold spot ($) Towards 1521.50.

27 December 2019, 12:42
Jiming Huang
0
74

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Pivot
 (invalidation): 1506.50
Our preference
Long positions above 1506.50 with targets at 1516.00 & 1521.50 in extension.
Alternative scenario
Below 1506.50 look for further downside with 1500.00 & 1497.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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