(18 DECEMBER 2018)Gold spot ($):The upside prevails.

(18 DECEMBER 2018)Gold spot ($):The upside prevails.

18 December 2018, 08:57
Jiming Huang
0
55

gold

Pivot (invalidation): 1244.75

Our preference

Long positions above 1244.75 with targets at 1251.00 & 1253.50 in extension.

Alternative scenario

Below 1244.75 look for further downside with 1240.00 & 1236.00 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL) 

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