(09 OCTOBER 2018)Gold spot ($):Watch 1186.00.

(09 OCTOBER 2018)Gold spot ($):Watch 1186.00.

9 October 2018, 09:31
Jiming Huang
0
57

gold

Pivot (invalidation): 1192.50

Our preference

Short positions below 1192.50 with targets at 1186.00 & 1182.50 in extension.

Alternative scenario

Above 1192.50 look for further upside with 1197.00 & 1200.00 as targets.

Comment

As Long as 1192.50 is resistance, expect a return to 1186.00.

(By Swissquote TRADING CENTRAL) 


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