(22 October 2020)Gold spot ($) Expect 1897.00.

(22 October 2020)Gold spot ($) Expect 1897.00.

22 October 2020, 09:16
Jiming Huang
0
65


Pivot
 (invalidation): 1926.00
Our preference
Short positions below 1926.00 with targets at 1904.00 & 1897.00 in extension.
Alternative scenario
Above 1926.00 look for further upside with 1931.00 & 1939.00 as targets.
Comment
The RSI is bearish and calls for further decline

(By Swissquote TRADING CENTRAL)


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