HomeContributorsTechnical AnalysisGold Spot: The Downside Prevails

Gold Spot: The Downside Prevails

Pivot (invalidation): 1820.00

Our preference Short positions below 1820.00 with targets at 1791.00 & 1780.00 in extension.

Alternative scenario Above 1820.00 look for further upside with 1831.00 & 1841.00 as targets.

Comment The RSI calls for a new downleg.

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