(15 JUNE 2020)Gold spot ($) Consolidation in place.

(15 JUNE 2020)Gold spot ($) Consolidation in place.

15 June 2020, 09:41
Jiming Huang
0
55

go
Pivot
 (invalidation): 1741.00
Our preference
Short positions below 1741.00 with targets at 1719.00 & 1708.00 in extension.
Alternative scenario
Above 1741.00 look for further upside with 1754.00 & 1760.00 as targets.
Comment
As Long as 1741.00 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)