(28 AUGUST 2018)Gold spot ($):Bullish bias above 1203.00.
28 August 2018, 09:38
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Pivot (invalidation): 1203.00
Our preference
Long positions above 1203.00 with targets at 1212.50 & 1217.00 in extension.
Alternative scenario
Below 1203.00 look for further downside with 1196.50 & 1192.50 as targets.
Comment
The RSI is mixed with a bullish bias.
(By Swissquote TRADING CENTRAL)
