(06 AUGUST 2018)Gold spot ($):Further upside.

(06 AUGUST 2018)Gold spot ($):Further upside.

6 August 2018, 10:07
Jiming Huang
0
54

gold

Pivot (invalidation): 1213.00

Our preference

Long positions above 1213.00 with targets at 1219.50 & 1222.00 in extension.

Alternative scenario

Below 1213.00 look for further downside with 1210.50 & 1207.00 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL) 

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