(30 December 2019)Gold spot ($) Expect 1526.00.

(30 December 2019)Gold spot ($) Expect 1526.00.

30 December 2019, 09:50
Jiming Huang
0
84

go
Pivot
 (invalidation): 1510.00
Our preference
Long positions above 1510.00 with targets at 1521.00 & 1526.00 in extension.
Alternative scenario
Below 1510.00 look for further downside with 1505.50 & 1500.50 as targets.
Comment
The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)