(15 December 2020)Gold spot ($) Rebound expected.

(15 December 2020)Gold spot ($) Rebound expected.

15 December 2020, 11:46
Jiming Huang
0
80

go
Pivot
 (invalidation): 1825.00
Our preference
Long positions above 1825.00 with targets at 1839.00 & 1848.00 in extension.
Alternative scenario
Below 1825.00 look for further downside with 1818.00 & 1812.00 as targets.
Comment
The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)