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

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

19 June 2020, 09:08
Jiming Huang
0
65

go
Pivot
 (invalidation): 1728.00
Our preference
Short positions below 1728.00 with targets at 1717.00 & 1712.50 in extension.
Alternative scenario
Above 1728.00 look for further upside with 1733.00 & 1737.50 as targets.
Comment
As Long as 1728.00 is resistance, look for choppy price action with a bearish bia

(By Swissquote TRADING CENTRAL)

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