(04 February 2020)Gold spot ($) Watch 1567.00.

(04 February 2020)Gold spot ($) Watch 1567.00.

4 February 2020, 09:05
Jiming Huang
0
31

go
Pivot
 (invalidation): 1582.00
Our preference
Short positions below 1582.00 with targets at 1570.00 & 1567.00 in extension.
Alternative scenario
Above 1582.00 look for further upside with 1586.00 & 1590.00 as targets.
Comment
The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)

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