(07 December 2020)Gold spot ($) Range.

(07 December 2020)Gold spot ($) Range.

7 December 2020, 11:40
Jiming Huang
0
72

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Pivot
 (invalidation): 1845.00
Our preference
Short positions below 1845.00 with targets at 1829.00 & 1823.00 in extension.
Alternative scenario
Above 1845.00 look for further upside with 1855.00 & 1861.00 as targets.
Comment
As Long as 1845.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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