(14 MAY 2019)Gold spot ($):The bias remains bullish.

(14 MAY 2019)Gold spot ($):The bias remains bullish.

14 May 2019, 09:34
Jiming Huang
0
15

go

Pivot (invalidation): 1295.50

Our preference

Long positions above 1295.50 with targets at 1303.00 & 1306.00 in extension.

Alternative scenario

Below 1295.50 look for further downside with 1291.50 & 1288.00 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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