UncategorizedWeekly Analysis

Gold spot Intraday: the bias remains bullish.(9.10.2019)

Our preference: long positions above 1498.00 with targets at 1516.00 & 1519.50 in extension.

Alternative scenario: below 1498.00 look for further downside with 1492.50 & 1488.50 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:
1526.00
1519.50
1516.00
1505.00 Last
1498.00
1492.50
1488.50

Leave a Reply

Your email address will not be published. Required fields are marked *