Contributors Technical Analysis Gold Spot: Key Resistance At 2047.00

Gold Spot: Key Resistance At 2047.00

Pivot (invalidation): 2047.00

Our preference Short positions below 2047.00 with targets at 2015.00 & 2000.00 in extension.

Alternative scenario Above 2047.00 look for further upside with 2064.00 & 2075.00 as targets.

Comment As Long as the resistance at 2047.00 is not surpassed, the risk of the break below 2015.00 remains high.

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