(12 DECEMBER 2018)Gold spot ($):Under pressure.

(12 DECEMBER 2018)Gold spot ($):Under pressure.

12 December 2018, 09:00
Jiming Huang
0
59

gold

Pivot (invalidation): 1247.50

Our preference

Short positions below 1247.50 with targets at 1240.50 & 1237.50 in extension.

Alternative scenario

Above 1247.50 look for further upside with 1251.00 & 1253.00 as targets.

Comment

The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL) 

Share it with friends: