(26 OCTOBER 2018)Gold spot ($):Caution.

(26 OCTOBER 2018)Gold spot ($):Caution.

26 October 2018, 09:15
Jiming Huang
0
49

gold

Pivot (invalidation): 1233.50

Our preference

Short positions below 1233.50 with targets at 1228.00 & 1225.50 in extension.

Alternative scenario

Above 1233.50 look for further upside with 1236.00 & 1240.00 as targets.

Comment

The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL) 

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