(06 January 2020)Gold spot ($) Look for 1596.00.

(06 January 2020)Gold spot ($) Look for 1596.00.

6 January 2020, 09:12
Jiming Huang
0
33

go
Pivot
 (invalidation): 1567.00
Our preference
Long positions above 1567.00 with targets at 1588.00 & 1596.00 in extension.
Alternative scenario
Below 1567.00 look for further downside with 1559.50 & 1553.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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