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

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

6 December 2018, 09:17
Jiming Huang
0
56

gold

Pivot (invalidation): 1235.00

Our preference

Long positions above 1235.00 with targets at 1244.50 & 1248.00 in extension.

Alternative scenario

Below 1235.00 look for further downside with 1230.50 & 1227.50 as targets.

Comment

The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL) 

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