Gold Spot Choppy

Pivot (invalidation): 1686.00

Our preference Short positions below 1686.00 with targets at 1657.00 & 1642.00 in extension.

Alternative scenario Above 1686.00 look for further upside with 1703.00 & 1715.00 as targets.

Comment As Long as 1686.00 is resistance, look for choppy price action with a bearish bias.

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Swissquote Bank SAhttp://en.swissquote.com/fx
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