(06 NOVEMBER 2018)Gold spot ($):Under pressure.

(06 NOVEMBER 2018)Gold spot ($):Under pressure.

6 November 2018, 09:36
Jiming Huang
0
57

gold

Pivot (invalidation): 1234.00

Our preference

Short positions below 1234.00 with targets at 1226.50 & 1224.00 in extension.

Alternative scenario

Above 1234.00 look for further upside with 1236.50 & 1239.00 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL) 

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