(15 OCTOBER 2018)Gold spot ($):Further advance.

(15 OCTOBER 2018)Gold spot ($):Further advance.

15 October 2018, 09:31
Jiming Huang
0
14

gold

Pivot (invalidation): 1215.50

Our preference

Long positions above 1215.50 with targets at 1226.50 & 1230.00 in extension.

Alternative scenario

Below 1215.50 look for further downside with 1210.50 & 1205.50 as targets.

Comment

The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL) 

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