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

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

21 February 2020, 08:54
Jiming Huang
0
33

 
go
Pivot
 (invalidation): 1616.00
Our preference
Long positions above 1616.00 with targets at 1628.00 & 1635.00 in extension.
Alternative scenario
Below 1616.00 look for further downside with 1610.50 & 1603.50 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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