(23 MAY 2019)Gold spot ($):Range.

(23 MAY 2019)Gold spot ($):Range.

23 May 2019, 09:21
Jiming Huang
0
20

go

Pivot (invalidation): 1272.00

Our preference

Long positions above 1272.00 with targets at 1277.50 & 1279.50 in extension.

Alternative scenario

Below 1272.00 look for further downside with 1269.50 & 1267.50 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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