(27 SEPTEMBER 2018)Gold spot ($):Key resistance at 1200.00.

(27 SEPTEMBER 2018)Gold spot ($):Key resistance at 1200.00.

27 September 2018, 08:08
Jiming Huang
0
70

gold

Pivot (invalidation): 1200.00

Our preference

Short positions below 1200.00 with targets at 1193.50 & 1190.50 in extension.

Alternative scenario

Above 1200.00 look for further upside with 1204.00 & 1207.50 as targets.

Comment

A break below 1193.50 would trigger a drop towards 1190.50.

(By Swissquote TRADING CENTRAL) 

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