(17 JANUARY 2019)Gold spot ($):Further advance.

(17 JANUARY 2019)Gold spot ($):Further advance.

17 January 2019, 09:22
Jiming Huang
0
20

gold

Pivot (invalidation): 1290.25

Our preference

Long positions above 1290.25 with targets at 1295.00 & 1297.00 in extension.

Alternative scenario

Below 1290.25 look for further downside with 1287.75 & 1286.00 as targets.

Comment

The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)


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