Jiming Huang / Blog
Pivot (invalidation): 10900.00 Our preference Short positions below 10900.00 with targets at 10720.00 & 10600.00 in extension. Alternative scenario...
Pivot (invalidation): 7.0840 Our preference Short positions below 7.0840 with targets at 7.0460 & 7.0160 in extension. Alternative scenario...
Pivot (invalidation): 0.6470 Our preference Short positions below 0.6470 with targets at 0.6420 & 0.6390 in extension. Alternative scenario...
Pivot (invalidation): 1.4000 Our preference Long positions above 1.4000 with targets at 1.4080 & 1.4115 in extension. Alternative scenario...
Pivot (invalidation): 0.9715 Our preference Long positions above 0.9715 with targets at 0.9750 & 0.9765 in extension. Alternative scenario...
Pivot (invalidation): 107.75 Our preference Short positions below 107.75 with targets at 107.00 & 106.75 in extension. Alternative scenario...
Pivot (invalidation): 1.2340 Our preference Short positions below 1.2340 with targets at 1.2285 & 1.2260 in extension. Alternative scenario...
Pivot (invalidation): 1.0815 Our preference Short positions below 1.0815 with targets at 1.0785 & 1.0765 in extension. Alternative scenario...
Gold finds buyers below the $1700 per oz, but the US treasury demand - despite low yields, should limit the safety inflows to the yellow metal as risk-averse investors remain skeptical regarding the gold’s capacity to hedge a sharp risk sell-off at the current levels...