(15 October 2020)Gold spot ($) Look for 1877.00.

(15 October 2020)Gold spot ($) Look for 1877.00.

15 October 2020, 09:05
Jiming Huang
0
83

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Pivot
 (invalidation): 1905.00
Our preference
Short positions below 1905.00 with targets at 1882.00 & 1877.00 in extension.
Alternative scenario
Above 1905.00 look for further upside with 1913.00 & 1925.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)