(08 JULY 2020)Gold spot ($) The bias remains bullish.

(08 JULY 2020)Gold spot ($) The bias remains bullish.

8 July 2020, 09:19
Jiming Huang
0
77

go
Pivot
 (invalidation): 1786.00
Our preference
Long positions above 1786.00 with targets at 1803.00 & 1811.00 in extension.
Alternative scenario
Below 1786.00 look for further downside with 1781.00 & 1775.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited

(By Swissquote TRADING CENTRAL)


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