(17 MAY 2019)Gold spot ($):1279.00 in sight.

(17 MAY 2019)Gold spot ($):1279.00 in sight.

17 May 2019, 10:38
Jiming Huang
0
14

gold

Pivot (invalidation): 1289.50

Our preference

Short positions below 1289.50 with targets at 1281.75 & 1279.00 in extension.

Alternative scenario

Above 1289.50 look for further upside with 1293.00 & 1295.25 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)


Share it with friends: