![(07 JUNE 2019)Gold spot ($):Supported by a rising trend line. (07 JUNE 2019)Gold spot ($):Supported by a rising trend line.](https://c.mql5.com/6/833/splash-727131.jpg)
(07 JUNE 2019)Gold spot ($):Supported by a rising trend line.
7 June 2019, 09:56
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
55
Pivot (invalidation): 1327.00
Our preference
Long positions above 1327.00 with targets at 1339.50 & 1344.00 in extension.
Alternative scenario
Below 1327.00 look for further downside with 1324.00 & 1320.00 as targets.
Comment
A support base at 1327.00 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)