(23 JULY 2018)Gold spot ($):Rebound in sight.

(23 JULY 2018)Gold spot ($):Rebound in sight.

23 July 2018, 15:04
Jiming Huang
0
58

gold

Pivot (invalidation): 1226.00

Our preference

Long positions above 1226.00 with targets at 1238.00 & 1241.00 in extension.

Alternative scenario

Below 1226.00 look for further downside with 1221.00 & 1215.50 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL) 


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