(10 JANUARY 2019)Gold spot ($):Aim @ 1304.00.

(10 JANUARY 2019)Gold spot ($):Aim @ 1304.00.

10 January 2019, 09:12
Jiming Huang
0
50

gold

Pivot (invalidation): 1291.00

Our preference

Long positions above 1291.00 with targets at 1298.50 & 1304.00 in extension.

Alternative scenario

Below 1291.00 look for further downside with 1287.00 & 1283.75 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL) 

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