(07 DECEMBER 2018)Gold spot ($):Consolidation.

(07 DECEMBER 2018)Gold spot ($):Consolidation.

7 December 2018, 09:17
Jiming Huang
0
18

gold

Pivot (invalidation): 1242.00

Our preference

Short positions below 1242.00 with targets at 1236.00 & 1233.00 in extension.

Alternative scenario

Above 1242.00 look for further upside with 1244.50 & 1248.00 as targets.

Comment

As Long as 1242.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL) 


Share it with friends: