(16 APRIL 2019)Gold spot ($):Capped by a negative trend line.
16 April 2019, 10:03
0
50
Pivot (invalidation): 1290.00
Our preference
Short positions below 1290.00 with targets at 1282.50 & 1279.00 in extension.
Alternative scenario
Above 1290.00 look for further upside with 1291.75 & 1295.00 as targets.
Comment
The RSI advocates for further downside.
(By Swissquote TRADING CENTRAL)
