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

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

19 October 2018, 14:49
Jiming Huang
0
15

gold

Pivot (invalidation): 1223.50

Our preference

Long positions above 1223.50 with targets at 1230.00 & 1233.00 in extension.

Alternative scenario

Below 1223.50 look for further downside with 1221.00 & 1218.50 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL) 


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