(14 September 2020)Gold spot ($) Look for 1975.00.

(14 September 2020)Gold spot ($) Look for 1975.00.

14 September 2020, 09:33
Jiming Huang
0
98

go
Pivot
 (invalidation): 1937.00
Our preference
Long positions above 1937.00 with targets at 1966.00 & 1975.00 in extension.
Alternative scenario
Below 1937.00 look for further downside with 1929.00 & 1919.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)