(15 JANUARY 2019)Gold spot ($):Consolidation.

(15 JANUARY 2019)Gold spot ($):Consolidation.

15 January 2019, 08:58
Jiming Huang
0
58

gold

Pivot (invalidation): 1289.00

Our preference

Long positions above 1289.00 with targets at 1295.00 & 1297.00 in extension.

Alternative scenario

Below 1289.00 look for further downside with 1287.00 & 1285.50 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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