
(20 MARCH 2019)Gold spot ($):Break of a ST rising trendline support.
20 March 2019, 09:27

0
76
Pivot (invalidation): 1308.00
Our preference
Short positions below 1308.00 with targets at 1302.00 & 1299.50 in extension.
Alternative scenario
Above 1308.00 look for further upside with 1311.00 & 1315.00 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)