Strategy
Gold $ spot - 14 September 2020
Strategy
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Published on 2020-09-14
A start of a bullish bias is applicable above 1940. Technical score: +1
A bearish MACD crossover on the daily time frequency remains applicable – which is a concern. Downside price momentum halted, which supports the bullish trend direction. Only a price action below 1940 will reverse the bullish trend direction. Upside targets: 1950-90.  Downside target for a break above 1940 will be 1900.