(16 JANUARY 2019)Gold spot ($):Range.

(16 JANUARY 2019)Gold spot ($):Range.

16 January 2019, 09:35
Jiming Huang
0
58

gold

Pivot (invalidation): 1293.25

Our preference

Short positions below 1293.25 with targets at 1286.50 & 1283.00 in extension.

Alternative scenario

Above 1293.25 look for further upside with 1295.00 & 1297.00 as targets.

Comment

The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL)

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