(08 MARCH 2019)Gold spot ($):Consolidation in place.

(08 MARCH 2019)Gold spot ($):Consolidation in place.

8 March 2019, 09:28
Jiming Huang
0
48

gol

Pivot (invalidation): 1291.00

Our preference

Short positions below 1291.00 with targets at 1280.50 & 1276.00 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, expect a return to 1280.50.

(By Swissquote TRADING CENTRAL)


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