(28 MAY 2019)Gold spot ($):Turning down.

(28 MAY 2019)Gold spot ($):Turning down.

28 May 2019, 09:46
Jiming Huang
0
56

go

Pivot (invalidation): 1286.50

Our preference

Short positions below 1286.50 with targets at 1280.50 & 1277.00 in extension.

Alternative scenario

Above 1286.50 look for further upside with 1289.00 & 1291.50 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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