(22 AUGUST 2018)Gold spot ($):Further advance.

(22 AUGUST 2018)Gold spot ($):Further advance.

22 August 2018, 09:24
Jiming Huang
0
47

gold

Pivot (invalidation): 1192.00

Our preference

Long positions above 1192.00 with targets at 1199.00 & 1202.00 in extension.

Alternative scenario

Below 1192.00 look for further downside with 1187.50 & 1184.00 as targets.

Comment

The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL) 

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