(11 JANUARY 2019)Gold spot ($):Caution.

(11 JANUARY 2019)Gold spot ($):Caution.

11 January 2019, 09:15
Jiming Huang
0
51

gold

Pivot (invalidation): 1291.50

Our preference

Short positions below 1291.50 with targets at 1289.00 & 1285.75 in extension.

Alternative scenario

Above 1291.50 look for further upside with 1294.50 & 1297.00 as targets.

Comment

The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL)

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