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

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

7 November 2018, 09:17
Jiming Huang
0
50

gold

Pivot (invalidation): 1231.00

Our preference

Short positions below 1231.00 with targets at 1223.00 & 1220.00 in extension.

Alternative scenario

Above 1231.00 look for further upside with 1233.00 & 1236.50 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL) 

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