(15 APRIL 2019)Gold spot ($):Under pressure.

(15 APRIL 2019)Gold spot ($):Under pressure.

15 April 2019, 09:49
Jiming Huang
0
17

gold

Pivot (invalidation): 1292.50

Our preference

Short positions below 1292.50 with targets at 1284.00 & 1280.50 in extension.

Alternative scenario

Above 1292.50 look for further upside with 1295.50 & 1299.50 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL)

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