(16 JUNE 2020)Gold spot ($) Expect 1745.00.

(16 JUNE 2020)Gold spot ($) Expect 1745.00.

16 June 2020, 09:19
Jiming Huang
0
75

go
Pivot
 (invalidation): 1723.00
Our preference
Long positions above 1723.00 with targets at 1735.00 & 1745.00 in extension.
Alternative scenario
Below 1723.00 look for further downside with 1715.00 & 1704.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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