(10 January 2020)Gold spot ($) Under pressure.

(10 January 2020)Gold spot ($) Under pressure.

10 January 2020, 09:27
Jiming Huang
0
39

go
Pivot
 (invalidation): 1556.50
Our preference
Short positions below 1556.50 with targets at 1540.00 & 1535.50 in extension.
Alternative scenario
Above 1556.50 look for further upside with 1562.00 & 1568.00 as targets.
Comment
The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)

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