(19 February 2020)Gold spot ($) Bullish bias above 1592.50.

(19 February 2020)Gold spot ($) Bullish bias above 1592.50.

19 February 2020, 08:57
Jiming Huang
0
76

go
Pivot
 (invalidation): 1592.50
Our preference
Long positions above 1592.50 with targets at 1610.00 & 1614.00 in extension.
Alternative scenario
Below 1592.50 look for further downside with 1588.00 & 1584.00 as targets.
Comment
The RSI is mixed to bullis

(By Swissquote TRADING CENTRAL)

Share it with friends: