(14 JULY 2020)Gold spot ($) The downside prevails.

(14 JULY 2020)Gold spot ($) The downside prevails.

14 July 2020, 09:02
Jiming Huang
0
73

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Pivot
 (invalidation): 1809.00
Our preference
Short positions below 1809.00 with targets at 1788.00 & 1780.00 in extension.
Alternative scenario
Above 1809.00 look for further upside with 1813.00 & 1818.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)


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