T Tradesupports.com Junior member Messages 17 Likes 0 Aug 11, 2020 #1 Gold spot Intraday: the downside prevails. Pivot:1998.00 Our preference:short positions below 1998.00 with targets at 1966.00 & 1956.00 in extension. Alternative scenario:above 1998.00 look for further upside with 2019.00 & 2030.00 as targets. Comment:the RSI is bearish and calls for further downside.
Gold spot Intraday: the downside prevails. Pivot:1998.00 Our preference:short positions below 1998.00 with targets at 1966.00 & 1956.00 in extension. Alternative scenario:above 1998.00 look for further upside with 2019.00 & 2030.00 as targets. Comment:the RSI is bearish and calls for further downside.