(15 MAY 2019)Gold spot ($):1289.25 expected.

(15 MAY 2019)Gold spot ($):1289.25 expected.

15 May 2019, 09:24
Jiming Huang
0
13

go

Pivot (invalidation): 1299.50

Our preference

Short positions below 1299.50 with targets at 1293.25 & 1289.25 in extension.

Alternative scenario

Above 1299.50 look for further upside with 1303.00 & 1306.00 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)


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