(29 OCTOBER 2018)Gold spot ($):Consolidation.

(29 OCTOBER 2018)Gold spot ($):Consolidation.

29 October 2018, 09:24
Jiming Huang
0
61

gold

Pivot (invalidation): 1236.00

Our preference

Short positions below 1236.00 with targets at 1231.50 & 1228.00 in extension.

Alternative scenario

Above 1236.00 look for further upside with 1240.00 & 1243.50 as targets.

Comment

As Long as 1236.00 is resistance, expect a return to 1231.50.

(By Swissquote TRADING CENTRAL) 


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