(31 JULY 2018)Gold spot ($):Bullish bias above 1219.00.

(31 JULY 2018)Gold spot ($):Bullish bias above 1219.00.

31 July 2018, 09:21
Jiming Huang
0
55

gold

Pivot (invalidation): 1219.00

Our preference

Long positions above 1219.00 with targets at 1225.00 & 1227.50 in extension.

Alternative scenario

Below 1219.00 look for further downside with 1217.25 & 1215.50 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL) 

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