(31 JULY 2020)Gold spot ($) Look for 1990.00.

(31 JULY 2020)Gold spot ($) Look for 1990.00.

31 July 2020, 09:18
Jiming Huang
0
80

go
Pivot
 (invalidation): 1954.00
Our preference
Long positions above 1954.00 with targets at 1981.00 & 1990.00 in extension.
Alternative scenario
Below 1954.00 look for further downside with 1946.00 & 1938.50 as targets.
Comment
The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)


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