(06 February 2020)Gold spot ($) Target 1547.00.

(06 February 2020)Gold spot ($) Target 1547.00.

6 February 2020, 08:52
Jiming Huang
0
64

go
Pivot
 (invalidation): 1559.50
Our preference
Short positions below 1559.50 with targets at 1550.00 & 1547.00 in extension.
Alternative scenario
Above 1559.50 look for further upside with 1562.00 & 1565.00 as targets.
Comment
The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)

Share it with friends: