(07 MARCH 2019)Gold spot ($):Consolidation.
Analytics & Forecasts

(07 MARCH 2019)Gold spot ($):Consolidation.

7 March 2019, 08:59
Jiming Huang
Jiming Huang
0
98

go

Pivot (invalidation): 1291.00

Our preference

Short positions below 1291.00 with targets at 1283.50 & 1281.00 in extension.

Alternative scenario

Above 1291.00 look for further upside with 1294.50 & 1297.00 as targets.

Comment

As Long as 1291.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

#Gold spot ($)