(01 MAY 2019)Gold spot ($):1274.00 expected.

(01 MAY 2019)Gold spot ($):1274.00 expected.

1 May 2019, 09:59
Jiming Huang
0
64

go

Pivot (invalidation): 1284.50

Our preference

Short positions below 1284.50 with targets at 1278.00 & 1274.00 in extension.

Alternative scenario

Above 1284.50 look for further upside with 1286.50 & 1288.50 as targets.

Comment

A break below 1278.00 would trigger a drop towards 1274.00.

(By Swissquote TRADING CENTRAL)


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