(17 DECEMBER 2018)Gold spot ($):Under pressure.

(17 DECEMBER 2018)Gold spot ($):Under pressure.

17 December 2018, 09:07
Jiming Huang
0
61

gold

Pivot (invalidation): 1240.00

Our preference

Short positions below 1240.00 with targets at 1235.00 & 1232.50 in extension.

Alternative scenario

Above 1240.00 look for further upside with 1243.00 & 1247.00 as targets.

Comment

The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL)