(11 August 2020)Gold spot ($) Under pressure.

(11 August 2020)Gold spot ($) Under pressure.

11 August 2020, 09:23
Jiming Huang
0
91

go
Pivot
 (invalidation): 2030.00
Our preference
Short positions below 2030.00 with targets at 2009.00 & 2000.00 in extension.
Alternative scenario
Above 2030.00 look for further upside with 2036.00 & 2044.00 as targets.
Comment
The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)