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

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

21 January 2019, 09:19
Jiming Huang
0
56

gold

Pivot (invalidation): 1284.00

Our preference

Short positions below 1284.00 with targets at 1280.00 & 1278.00 in extension.

Alternative scenario

Above 1284.00 look for further upside with 1286.50 & 1290.00 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)


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