(04 JULY 2018)Gold spot ($):Further advance.

(04 JULY 2018)Gold spot ($):Further advance.

4 July 2018, 13:59
Jiming Huang
0
51

gold

Further advance. 

(By Swissquote TRADING CENTRAL)

Pivot (invalidation): 1254.00

Our preference

Long @ 1257.73 with targets @ 1260.50 & 1264.00 in extension.

Alternative scenario

Below 1254.00 look for further downside with 1251.00 & 1246.00 as targets.

Comment

The RSI is mixed to bullish.

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