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

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

24 May 2019, 09:24
Jiming Huang
0
18

go

Pivot (invalidation): 1280.00

Our preference

Long positions above 1280.00 with targets at 1287.00 & 1291.00 in extension.

Alternative scenario

Below 1280.00 look for further downside with 1277.00 & 1274.50 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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