(29 JANUARY 2019)Gold spot ($):Further upside.

(29 JANUARY 2019)Gold spot ($):Further upside.

29 January 2019, 09:24
Jiming Huang
0
69

gold


Pivot (invalidation): 1297.50

Our preference

Long positions above 1297.50 with targets at 1309.50 & 1314.00 in extension.

Alternative scenario

Below 1297.50 look for further downside with 1293.50 & 1290.50 as targets.

Comment

The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL)