(14 AUGUST 2018)Gold spot ($):Under pressure.

(14 AUGUST 2018)Gold spot ($):Under pressure.

14 August 2018, 15:18
Jiming Huang
0
45

gold

Pivot (invalidation): 1201.00

Our preference

Short positions below 1201.00 with targets at 1189.00 & 1184.50 in extension.

Alternative scenario

Above 1201.00 look for further upside with 1206.00 & 1290.50 as targets.

Comment

The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL) 

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