(12 OCTOBER 2018)Gold spot ($):Further advance

(12 OCTOBER 2018)Gold spot ($):Further advance

12 October 2018, 09:41
Jiming Huang
0
20

gold

Pivot (invalidation): 1214.50

Our preference

Long positions above 1214.50 with targets at 1228.50 & 1235.00 in extension.

Alternative scenario

Below 1214.50 look for further downside with 1205.50 & 1200.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL) 

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