(14 MAY 2020)Gold spot ($) The bias remains bullish.

(14 MAY 2020)Gold spot ($) The bias remains bullish.

14 May 2020, 08:51
Jiming Huang
0
78

go
Pivot
 (invalidation): 1705.00
Our preference
Long positions above 1705.00 with targets at 1723.00 & 1730.00 in extension.
Alternative scenario
Below 1705.00 look for further downside with 1697.00 & 1690.00 as targets.
Comment
Technically the RSI is above its neutrality area at

(By Swissquote TRADING CENTRAL)