(08 JANUARY 2019)Gold spot ($):Under pressure.

(08 JANUARY 2019)Gold spot ($):Under pressure.

8 January 2019, 09:30
Jiming Huang
0
62

gold

Pivot (invalidation): 1290.00

Our preference

Short positions below 1290.00 with targets at 1281.50 & 1278.50 in extension.

Alternative scenario

Above 1290.00 look for further upside with 1292.25 & 1295.25 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL) 


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