(03 August  2020)Gold spot ($) Caution.

(03 August 2020)Gold spot ($) Caution.

3 August 2020, 09:27
Jiming Huang
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Pivot
 (invalidation): 1970.00
Our preference
Long positions above 1970.00 with targets at 1981.50 & 1988.00 in extension.
Alternative scenario
Below 1970.00 look for further downside with 1959.00 & 1951.50 as targets.
Comment
Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL)


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