(15 January 2020)Gold spot ($) Expect 1562.00.

(15 January 2020)Gold spot ($) Expect 1562.00.

15 January 2020, 09:06
Jiming Huang
0
30

go
Pivot
 (invalidation): 1546.00
Our preference
Long positions above 1546.00 with targets at 1556.00 & 1562.00 in extension.
Alternative scenario
Below 1546.00 look for further downside with 1541.00 & 1536.00 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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