(17 March 2020)Gold spot ($) Key resistance at 1520.00.

(17 March 2020)Gold spot ($) Key resistance at 1520.00.

17 March 2020, 09:08
Jiming Huang
0
60

go
Pivot
 (invalidation): 1520.00
Our preference
Short positions below 1520.00 with targets at 1476.00 & 1451.00 in extension.
Alternative scenario
Above 1520.00 look for further upside with 1549.00 & 1577.00 as targets.
Comment
The RSI calls for a drop.

(By Swissquote TRADING CENTRAL)

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