(13 JULY 2018)Gold spot ($):Rebound expected.

(13 JULY 2018)Gold spot ($):Rebound expected.

13 July 2018, 09:00
Jiming Huang
0
15

gold

Pivot (invalidation): 1243.50

Our preference

Long positions above 1243.50 with targets at 1249.00 & 1251.00 in extension.

Alternative scenario

Below 1243.50 look for further downside with 1241.00 & 1239.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL) 

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