(06 FEBRUARY 2019)Gold spot ($):The bias remains bullish.

(06 FEBRUARY 2019)Gold spot ($):The bias remains bullish.

6 February 2019, 13:33
Jiming Huang
0
56

gold

Pivot (invalidation): 1311.00

Our preference

Long positions above 1311.00 with targets at 1317.00 & 1319.50 in extension.

Alternative scenario

Below 1311.00 look for further downside with 1308.50 & 1305.50 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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