(25 OCTOBER 2018)Gold spot ($):Rebound expected.

(25 OCTOBER 2018)Gold spot ($):Rebound expected.

25 October 2018, 09:21
Jiming Huang
0
63

gold

Pivot (invalidation): 1231.00

Our preference

Long positions above 1231.00 with targets at 1240.00 & 1244.00 in extension.

Alternative scenario

Below 1231.00 look for further downside with 1225.50 & 1220.00 as targets.

Comment

The RSI shows upside momentum

(By Swissquote TRADING CENTRAL)