(05 February 2020)Gold spot ($) Watch 1549.00.

(05 February 2020)Gold spot ($) Watch 1549.00.

5 February 2020, 09:05
Jiming Huang
0
59

go
Pivot
 (invalidation): 1563.00
Our preference
Short positions below 1563.00 with targets at 1552.00 & 1549.00 in extension.
Alternative scenario
Above 1563.00 look for further upside with 1567.00 & 1571.50 as targets.
Comment
A break below 1552.00 would trigger a drop towards 1549.00

(By Swissquote TRADING CENTRAL)

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