(20 DECEMBER 2018)Gold spot ($):Target 1239.00.

(20 DECEMBER 2018)Gold spot ($):Target 1239.00.

20 December 2018, 09:11
Jiming Huang
0
55

gold

Pivot (invalidation): 1247.00

Our preference

Short positions below 1247.00 with targets at 1241.50 & 1239.00 in extension.

Alternative scenario

Above 1247.00 look for further upside with 1251.00 & 1254.00 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL) 

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