(13 MAY 2019)Gold spot ($):Towards 1276.50.

(13 MAY 2019)Gold spot ($):Towards 1276.50.

13 May 2019, 09:26
Jiming Huang
0
17

GO

Pivot (invalidation): 1288.50

Our preference

Short positions below 1288.50 with targets at 1279.00 & 1276.50 in extension.

Alternative scenario

Above 1288.50 look for further upside with 1291.50 & 1295.00 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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