(15 AUGUST 2018)Gold spot ($):Under pressure.

(15 AUGUST 2018)Gold spot ($):Under pressure.

15 August 2018, 09:16
Jiming Huang
0
56

gold

Pivot (invalidation): 1195.00

Our preference

Short positions below 1195.00 with targets at 1184.00 & 1181.00 in extension.

Alternative scenario

Above 1195.00 look for further upside with 1198.00 & 1202.00 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL) 

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