(30 JULY 2020)Gold spot ($) Intraday support around 1951.00.

(30 JULY 2020)Gold spot ($) Intraday support around 1951.00.

30 July 2020, 09:23
Jiming Huang
0
80

go
Pivot
 (invalidation): 1951.00
Our preference
Long positions above 1951.00 with targets at 1981.00 & 1993.00 in extension.
Alternative scenario
Below 1951.00 look for further downside with 1941.00 & 1931.00 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)