(18 March 2020)Gold spot ($) Bullish bias above 1507.00.

(18 March 2020)Gold spot ($) Bullish bias above 1507.00.

18 March 2020, 08:38
Jiming Huang
0
66

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Pivot
 (invalidation): 1507.00
Our preference
Long positions above 1507.00 with targets at 1554.00 & 1563.00 in extension.
Alternative scenario
Below 1507.00 look for further downside with 1486.00 & 1465.00 as targets.
Comment
The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)

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