(30 April 2020)Gold spot ($) Intraday support around 1703.00.

(30 April 2020)Gold spot ($) Intraday support around 1703.00.

30 April 2020, 09:02
Jiming Huang
0
70

GO
Pivot
 (invalidation): 1703.00
Our preference
Long positions above 1703.00 with targets at 1718.00 & 1724.00 in extension.
Alternative scenario
Below 1703.00 look for further downside with 1697.00 & 1691.00 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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