(28 FEBRUARY 2019)Gold spot ($):Under pressure.

(28 FEBRUARY 2019)Gold spot ($):Under pressure.

28 February 2019, 09:30
Jiming Huang
0
50

gold

Pivot (invalidation): 1322.50

Our preference

Short positions below 1322.50 with targets at 1316.00 & 1314.00 in extension.

Alternative scenario

Above 1322.50 look for further upside with 1325.50 & 1329.00 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)

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