(12 March 2020)Gold spot ($) Under pressure.

(12 March 2020)Gold spot ($) Under pressure.

12 March 2020, 09:00
Jiming Huang
0
63

go
Pivot
 (invalidation): 1650.00
Our preference
Short positions below 1650.00 with targets at 1623.00 & 1611.00 in extension.
Alternative scenario
Above 1650.00 look for further upside with 1656.00 & 1663.00 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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