(08 FEBRUARY 2019)Gold spot ($):Bullish bias above 1306.00.
8 February 2019, 12:14
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Pivot (invalidation): 1306.00
Our preference
Long positions above 1306.00 with targets at 1313.00 & 1317.00 in extension.
Alternative scenario
Below 1306.00 look for further downside with 1303.00 & 1299.50 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited
(By Swissquote TRADING CENTRAL)
