(11 February 2020)Gold spot ($) Under pressure.

(11 February 2020)Gold spot ($) Under pressure.

11 February 2020, 09:01
Jiming Huang
0
29

goo
Pivot
 (invalidation): 1573.00
Our preference
Short positions below 1573.00 with targets at 1564.00 & 1560.00 in extension.
Alternative scenario
Above 1573.00 look for further upside with 1577.00 & 1580.00 as targets.
Comment
The RSI is bearish and calls for further downside

(By Swissquote TRADING CENTRAL)

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