
(27 AUGUST 2018)Gold spot ($):Bullish bias above 1201.50.
27 August 2018, 09:47

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Pivot (invalidation): 1201.50
Our preference
Long positions above 1201.50 with targets at 1213.00 & 1217.00 in extension.
Alternative scenario
Below 1201.50 look for further downside with 1196.50 & 1192.50 as targets.
Comment
The RSI is mixed to bullish.
(By Swissquote TRADING CENTRAL)