(02 OCTOBER 2018)Gold spot ($):Caution.

(02 OCTOBER 2018)Gold spot ($):Caution.

2 October 2018, 09:13
Jiming Huang
0
52

gold

Pivot (invalidation): 1192.00

Our preference

Short positions below 1192.00 with targets at 1187.50 & 1184.50 in extension.

Alternative scenario

Above 1192.00 look for further upside with 1194.00 & 1198.50 as targets.

Comment

The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL) 

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