
(06 FEBRUARY 2019)Gold spot ($):The bias remains bullish.
6 February 2019, 13:33

0
70
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)