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

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

21 November 2018, 09:34
Jiming Huang
0
58

gold

Pivot (invalidation): 1226.00

Our preference

Short positions below 1226.00 with targets at 1217.50 & 1213.50 in extension.

Alternative scenario

Above 1226.00 look for further upside with 1229.00 & 1234.00 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL) 

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