(11 September 2019 )Gold spot ($) Capped by a negative trend line.

(11 September 2019 )Gold spot ($) Capped by a negative trend line.

11 September 2019, 10:06
Jiming Huang
0
28

go
Pivot
 (invalidation): 1498.00
Our preference
Short positions below 1498.00 with targets at 1484.00 & 1479.00 in extension.
Alternative scenario
Above 1498.00 look for further upside with 1505.00 & 1514.00 as targets.
Comment
As Long as the resistance at 1498.00 is not surpassed, the risk of the break below 1484.00
remains high.

(By Swissquote TRADING CENTRAL)


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