HomeContributorsTechnical AnalysisGold Spot Key Resistance At 1490.00

Gold Spot Key Resistance At 1490.00

Pivot (invalidation): 1490.00

Our preference Short positions below 1490.00 with targets at 1479.00 & 1474.00 in extension.

Alternative scenario Above 1490.00 look for further upside with 1495.00 & 1499.50 as targets.

Comment As Long as 1490.00 is resistance, expect a return to 1479.00.

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