Gold spot ST: further advance.

2020-06-30 17:21:00

Pivot: 1715.00

Our preference: long positions above 1715.00 with targets at 1825.00 & 1855.00 in extension.

Alternative scenario: below 1715.00 look for further downside with 1655.00 & 1610.00 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

1885.00 ***

1855.00 ***

1825.00 ***

1781.00 Last

1715.00 ***

1655.00 **

1610.00 ***

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-01-2020 at 03:21 UTC+1

Price reference: 1781.00 last known on 07-01-2020 at 03:21 UTC+1

Investment horizon: ST

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Source:Reuters

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