(16 AUGUST 2018)Gold spot ($):Key resistance at 1176.00.
16 August 2018, 09:57
0
111
Pivot (invalidation): 1176.00
Our preference
Short positions below 1176.00 with targets at 1166.50 & 1160.00 in extension.
Alternative scenario
Above 1176.00 look for further upside with 1184.00 & 1189.00 as targets.
Comment
The RSI is mixed to bearish.
(By Swissquote TRADING CENTRAL)
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