GOLD may break out 2000usd
Pivot
1978.00
Our preference
Long positions above 1978.00 with targets at 2003.00 & 2009.00 in extension.
Alternative scenario
Below 1978.00 look for further downside with 1971.00 & 1964.00 as targets.
Comment
The RSI is mixed with a bullish bias.
1978.00
Our preference
Long positions above 1978.00 with targets at 2003.00 & 2009.00 in extension.
Alternative scenario
Below 1978.00 look for further downside with 1971.00 & 1964.00 as targets.
Comment
The RSI is mixed with a bullish bias.
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