(26 March 2020)Gold spot ($) Consolidation in place.

(26 March 2020)Gold spot ($) Consolidation in place.

26 March 2020, 10:33
Jiming Huang
0
76

go
Pivot
 (invalidation): 1620.00
Our preference
Short positions below 1620.00 with targets at 1585.00 & 1564.00 in extension.
Alternative scenario
Above 1620.00 look for further upside with 1643.00 & 1656.00 as targets.
Comment
As Long as 1620.00 is resistance, expect a return to 1585.00.

(By Swissquote TRADING CENTRAL)

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