(28 SEPTEMBER 2018)Gold spot ($):Key resistance at 1188.00.

(28 SEPTEMBER 2018)Gold spot ($):Key resistance at 1188.00.

28 September 2018, 09:26
Jiming Huang
0
87

gold

Pivot (invalidation): 1188.00

Our preference

Short positions below 1188.00 with targets at 1182.00 & 1176.00 in extension.

Alternative scenario

Above 1188.00 look for further upside with 1191.50 & 1194.00 as targets.

Comment

The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL) 

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