UncategorizedWeekly Analysis

Gold spot ST: further advance.(4.11.2019)

Pivot: 1476.00

Our preference: long positions above 1476.00 with targets at 1550.00 & 1585.00 in extension.

Alternative scenario: below 1476.00 look for further downside with 1460.00 & 1435.00 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
1630.00 ***
1585.00 ***
1550.00 ***
1512.30 Last
1476.00 ***
1460.00 ***
1435.00 **

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