(02 JULY 2018)Gold spot ($):Turning down.

(02 JULY 2018)Gold spot ($):Turning down.

2 July 2018, 14:30
Jiming Huang
0
34

gold

Turning down. 

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 1255.50

Our preference

Short positions below 1255.50 with targets at 1248.00 & 1245.50 in extension.

Alternative scenario

Above 1255.50 look for further upside with 1259.00 & 1262.00 as targets.

Comment

The RSI is mixed to bearish.

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