![(10 February 2020)Gold spot ($) Supported by a rising trend line. (10 February 2020)Gold spot ($) Supported by a rising trend line.](https://c.mql5.com/6/853/splash-733476.jpg)
(10 February 2020)Gold spot ($) Supported by a rising trend line.
10 February 2020, 08:56
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
81
Pivot
(invalidation):
1567.00
Our preference
Long positions above 1567.00 with targets at 1576.50 & 1580.00 in extension.
Alternative
scenario
Below 1567.00 look for further downside with 1563.00 & 1560.00 as targets.
Comment
Even though a
continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)