(06 MAY 2019)Gold spot ($):Target 1294.50.
Analytics & Forecasts

(06 MAY 2019)Gold spot ($):Target 1294.50.

6 May 2019, 13:43
Jiming Huang
Jiming Huang
0
90

go

Pivot (invalidation): 1277.50

Our preference

Long positions above 1277.50 with targets at 1288.50 & 1294.50 in extension.

Alternative scenario

Below 1277.50 look for further downside with 1272.50 & 1269.00 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL)


#Gold spot ($)