(09 March 2020)Gold spot ($) Turning down.

(09 March 2020)Gold spot ($) Turning down.

9 March 2020, 09:16
Jiming Huang
0
65

go
Pivot
 (invalidation): 1690.00
Our preference
Short positions below 1690.00 with targets at 1642.00 & 1633.00 in extension.
Alternative scenario
Above 1690.00 look for further upside with 1703.00 & 1720.00 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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