(21 DECEMBER 2018)Gold spot ($):Bullish bias above 1255.00.

(21 DECEMBER 2018)Gold spot ($):Bullish bias above 1255.00.

21 December 2018, 09:12
Jiming Huang
0
61

gold

Pivot (invalidation): 1255.00

Our preference

Long positions above 1255.00 with targets at 1266.50 & 1272.00 in extension.

Alternative scenario

Below 1255.00 look for further downside with 1251.00 & 1246.00 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 


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