(22 JANUARY 2019)Gold spot ($):Rebound.

(22 JANUARY 2019)Gold spot ($):Rebound.

22 January 2019, 09:13
Jiming Huang
0
44

gold

Pivot (invalidation): 1276.50

Our preference

Long positions above 1276.50 with targets at 1280.50 & 1283.50 in extension.

Alternative scenario

Below 1276.50 look for further downside with 1273.50 & 1270.00 as targets.

Comment

The next resistances are at 1280.50 and then at 1283.50.

(By Swissquote TRADING CENTRAL)