(13 March 2020)Gold spot ($) The downside prevails.

(13 March 2020)Gold spot ($) The downside prevails.

13 March 2020, 09:03
Jiming Huang
0
82

  go
Pivot
 (invalidation): 1584.00
Our preference
Short positions below 1584.00 with targets at 1542.00 & 1529.00 in extension.
Alternative scenario
Above 1584.00 look for further upside with 1595.00 & 1610.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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