(07 February 2020)Gold spot ($) Further advance.

(07 February 2020)Gold spot ($) Further advance.

7 February 2020, 09:02
Jiming Huang
0
42

go
Pivot
 (invalidation): 1561.00
Our preference
Long positions above 1561.00 with targets at 1572.00 & 1579.00 in extension.
Alternative scenario
Below 1561.00 look for further downside with 1556.00 & 1552.50 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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