(05 JUNE 2020)Gold spot ($) Caution.

(05 JUNE 2020)Gold spot ($) Caution.

5 June 2020, 09:16
Jiming Huang
0
98

go
Pivot
 (invalidation): 1705.00
Our preference
Long positions above 1705.00 with targets at 1722.00 & 1732.00 in extension.
Alternative scenario
Below 1705.00 look for further downside with 1696.00 & 1687.00 as targets.
Comment
The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL)

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