(03 January 2020)Gold spot ($) Further upside.

(03 January 2020)Gold spot ($) Further upside.

3 January 2020, 09:15
Jiming Huang
0
75

go
Pivot
 (invalidation): 1529.50
Our preference
Long positions above 1529.50 with targets at 1544.00 & 1550.00 in extension.
Alternative scenario
Below 1529.50 look for further downside with 1525.00 & 1521.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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