(25 MAY 2020)Gold spot ($) Expect 1710.00.

(25 MAY 2020)Gold spot ($) Expect 1710.00.

25 May 2020, 09:08
Jiming Huang
0
74

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Pivot
 (invalidation): 1740.00
Our preference
Short positions below 1740.00 with targets at 1716.00 & 1710.00 in extension.
Alternative scenario
Above 1740.00 look for further upside with 1748.00 & 1754.00 as targets.
Comment
The RSI is mixed with a bearish bias

(By Swissquote TRADING CENTRAL)

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