(05 DECEMBER 2018) Gold spot ($):Turning down.

(05 DECEMBER 2018) Gold spot ($):Turning down.

5 December 2018, 09:14
Jiming Huang
0
64

gold

Pivot (invalidation): 1239.50

Our preference

Short positions below 1239.50 with targets at 1232.00 & 1228.00 in extension.

Alternative scenario

Above 1239.50 look for further upside with 1242.00 & 1244.50 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL) 

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