(31 DECEMBER 2018)Gold spot ($) :The bias remains bullish.
2 January 2019, 14:07
0
65
Pivot (invalidation): 1275.00
Our preference
Long positions above 1275.00 with targets at 1282.00 & 1285.50 in extension.
Alternative scenario
Below 1275.00 look for further downside with 1270.00 & 1266.50 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
