(12 October 2020)Gold spot ($) Expect 1954.00.

(12 October 2020)Gold spot ($) Expect 1954.00.

13 October 2020, 02:30
Jiming Huang
0
78

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Pivot
 (invalidation): 1916.00
Our preference
Long positions above 1916.00 with targets at 1942.00 & 1954.00 in extension.
Alternative scenario
Below 1916.00 look for further downside with 1905.00 & 1896.00 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)


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