GOLD (US$ / OZ) JUNE 26, 2019

GOLD

Pivot Point: (65 day EMA) 1318.50

The long-term trend is considered up when GOLD is above the 65 day EMA

Our view: Long positions above (65 day EMA) 1318.50
Comment: GOLD remains Bullish above the 1318.50 level
Alternative scenario: Below 1318.50 GOLD becomes Bearish, expect further downside to lower levels