(23 JANUARY 2019)Gold spot ($):Rebound expected.

(23 JANUARY 2019)Gold spot ($):Rebound expected.

23 January 2019, 09:13
Jiming Huang
0
57

gold

Pivot (invalidation): 1280.25

Our preference

Long positions above 1280.25 with targets at 1286.50 & 1290.00 in extension.

Alternative scenario

Below 1280.25 look for further downside with 1276.50 & 1274.00 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)


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