(05 FEBRUARY 2019)Gold spot ($):Caution.

(05 FEBRUARY 2019)Gold spot ($):Caution.

5 February 2019, 13:33
Jiming Huang
0
55

gold

Pivot (invalidation): 1315.50

Our preference

Short positions below 1315.50 with targets at 1311.00 & 1308.50 in extension.

Alternative scenario

Above 1315.50 look for further upside with 1319.50 & 1323.00 as targets.

Comment

The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL)

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