(31 March 2020)Gold spot ($) Look for 1594.00.

(31 March 2020)Gold spot ($) Look for 1594.00.

31 March 2020, 09:08
Jiming Huang
0
84

go
Pivot
 (invalidation): 1627.00
Our preference
Short positions below 1627.00 with targets at 1609.00 & 1594.00 in extension.
Alternative scenario
Above 1627.00 look for further upside with 1637.00 & 1645.00 as targets.
Comment
A break below 1609.00 would trigger a drop towards 1594.00.

(By Swissquote TRADING CENTRAL)