![(11 DECEMBER 2018)Gold spot ($):Key resistance at 1248.00. (11 DECEMBER 2018)Gold spot ($):Key resistance at 1248.00.](https://c.mql5.com/6/820/splash-723311.jpg)
(11 DECEMBER 2018)Gold spot ($):Key resistance at 1248.00.
11 December 2018, 09:06
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot (invalidation): 1248.00
Our preference
Short positions below 1248.00 with targets at 1241.50 & 1237.50 in extension.
Alternative scenario
Above 1248.00 look for further upside with 1251.00 & 1253.00 as targets.
Comment
The RSI is mixed with a bearish bias.
(By Swissquote TRADING CENTRAL)