HomeContributorsTechnical AnalysisGold Spot Break Of A ST Rising Trendline Support

Gold Spot Break Of A ST Rising Trendline Support

Pivot (invalidation): 1202.00

Our preference Short positions below 1202.00 with targets at 1192.50 & 1190.00 in extension.

Alternative scenario Above 1202.00 look for further upside with 1205.00 & 1208.50 as targets.

Comment The RSI is bearish and calls for further decline.

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