(06 August 2020)Gold spot ($) Look for 2070.00.

(06 August 2020)Gold spot ($) Look for 2070.00.

6 August 2020, 09:30
Jiming Huang
0
66

go
Pivot
 (invalidation): 2028.00
Our preference
Long positions above 2028.00 with targets at 2056.00 & 2070.00 in extension.
Alternative scenario
Below 2028.00 look for further downside with 2012.00 & 2000.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)


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