(25 August 2020)Gold spot ($) Choppy.

(25 August 2020)Gold spot ($) Choppy.

25 August 2020, 09:26
Jiming Huang
0
76

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Pivot
 (invalidation): 1942.00
Our preference
Short positions below 1942.00 with targets at 1923.00 & 1911.00 in extension.
Alternative scenario
Above 1942.00 look for further upside with 1954.00 & 1962.00 as targets.
Comment
As Long as 1942.00 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)


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