(19 December 2019)Gold spot ($) Towards 1484.00.

(19 December 2019)Gold spot ($) Towards 1484.00.

19 December 2019, 08:53
Jiming Huang
0
73

GO
Pivot
 (invalidation): 1474.00
Our preference
Long positions above 1474.00 with targets at 1480.50 & 1484.00 in extension.
Alternative scenario
Below 1474.00 look for further downside with 1470.50 & 1465.50 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)