(30 JULY 2018)Gold spot ($):Turning down.

(30 JULY 2018)Gold spot ($):Turning down.

30 July 2018, 08:41
Jiming Huang
0
63

gold

Pivot (invalidation): 1224.00

Our preference

Short positions below 1224.00 with targets at 1218.00 & 1215.50 in extension.

Alternative scenario

Above 1224.00 look for further upside with 1227.50 & 1230.50 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL) 

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