(29 April 2020)Gold spot ($) Rebound expected.

(29 April 2020)Gold spot ($) Rebound expected.

29 April 2020, 09:30
Jiming Huang
0
69

go
Pivot
 (invalidation): 1701.00
Our preference
Long positions above 1701.00 with targets at 1714.50 & 1723.00 in extension.
Alternative scenario
Below 1701.00 look for further downside with 1691.00 & 1684.00 as targets.
Comment
The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)

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