(25 JUNE 2018)Gold spot ($):Turning down.

(25 JUNE 2018)Gold spot ($):Turning down.

25 June 2018, 10:03
Jiming Huang
0
50

gold

Turning down. 

(By Swissquote TRADING CENTRAL) 

Pivot (invalidation): 1271.00

Our preference

Short positions below 1271.00 with targets at 1264.50 & 1261.00 in extension.

Alternative scenario

Above 1271.00 look for further upside with 1276.50 & 1280.50 as targets.

Comment

The RSI is bearish and calls for further decline.

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