(28 MAY 2020)Gold spot ($) Key resistance at 1721.00.
Analytics & Forecasts

(28 MAY 2020)Gold spot ($) Key resistance at 1721.00.

28 May 2020, 09:02
Jiming Huang
Jiming Huang
0
140

go
Pivot
 (invalidation): 1721.00
Our preference
Short positions below 1721.00 with targets at 1705.00 & 1694.00 in extension.
Alternative scenario
Above 1721.00 look for further upside with 1728.00 & 1735.00 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1721.00.

(By Swissquote TRADING CENTRAL)

#Gold spot ($)