(08 OCTOBER 2018)Gold spot ($):Turning down.

(08 OCTOBER 2018)Gold spot ($):Turning down.

8 October 2018, 10:36
Jiming Huang
0
59

gold

Pivot (invalidation): 1202.00

Our preference

Short positions below 1202.00 with targets at 1192.50 & 1189.00 in extension.

Alternative scenario

Above 1202.00 look for further upside with 1206.00 & 1208.50 as targets.

Comment

The RSI broke below a rising trend line

(By Swissquote TRADING CENTRAL) 

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