(18 APRIL 2019)Gold spot ($):The downside prevails.

(18 APRIL 2019)Gold spot ($):The downside prevails.

18 April 2019, 09:51
Jiming Huang
0
17

gol

Pivot (invalidation): 1278.00

Our preference

Short positions below 1278.00 with targets at 1268.00 & 1262.00 in extension.

Alternative scenario

Above 1278.00 look for further upside with 1282.50 & 1287.00 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)


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