(03 DECEMBER 2018)Gold spot ($):Further upside.

(03 DECEMBER 2018)Gold spot ($):Further upside.

3 December 2018, 09:20
Jiming Huang
0
49

gold

Pivot (invalidation): 1220.00

Our preference

Long positions above 1220.00 with targets at 1227.00 & 1230.00 in extension.

Alternative scenario

Below 1220.00 look for further downside with 1216.50 & 1211.00 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL) 


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