(20 MARCH 2019)Gold spot ($):Break of a ST rising trendline support.

(20 MARCH 2019)Gold spot ($):Break of a ST rising trendline support.

20 March 2019, 09:27
Jiming Huang
0
56

gok

Pivot (invalidation): 1308.00

Our preference

Short positions below 1308.00 with targets at 1302.00 & 1299.50 in extension.

Alternative scenario

Above 1308.00 look for further upside with 1311.00 & 1315.00 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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