GCRCstock

Short positions below 1986.00 with targets at 1964.00 & 1954.00

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Pivot
1986.00
Our preference
Short positions below 1986.00 with targets at 1964.00 & 1954.00 in extension.
Alternative scenario
Above 1986.00 look for further upside with 1994.00 & 2003.00 as targets.
Comment
As long as 1986.00 is resistance, expect a return to 1964.00
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