(07 SEPTEMBER 2018)Gold spot ($):Bounce.

(07 SEPTEMBER 2018)Gold spot ($):Bounce.

7 September 2018, 09:17
Jiming Huang
0
64

gold

Pivot (invalidation): 1198.00

Our preference

Long positions above 1198.00 with targets at 1204.00 & 1207.00 in extension.

Alternative scenario

Below 1198.00 look for further downside with 1196.50 & 1193.00 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL) 


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