(21 FEBRUARY 2019)Gold spot ($):Under pressure.

(21 FEBRUARY 2019)Gold spot ($):Under pressure.

21 February 2019, 08:57
Jiming Huang
0
49

gold

Pivot (invalidation): 1346.50

Our preference

Short positions below 1346.50 with targets at 1336.50 & 1330.00 in extension.

Alternative scenario

Above 1346.50 look for further upside with 1350.00 & 1354.00 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)


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