(14 October 2020)Gold spot ($) Rebound expected.

(14 October 2020)Gold spot ($) Rebound expected.

14 October 2020, 08:59
Jiming Huang
0
88

go
Pivot
 (invalidation): 1884.00
Our preference
Long positions above 1884.00 with targets at 1902.00 & 1910.00 in extension.
Alternative scenario
Below 1884.00 look for further downside with 1873.00 & 1864.00 as targets.
Comment
The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)