(25 MARCH 2019)Gold spot ($):Further advance.

(25 MARCH 2019)Gold spot ($):Further advance.

25 March 2019, 09:11
Jiming Huang
0
50

gold

Pivot (invalidation): 1309.00

Our preference

Long positions above 1309.00 with targets at 1320.00 & 1326.00 in extension.

Alternative scenario

Below 1309.00 look for further downside with 1303.00 & 1298.50 as targets.

Comment

The RSI is bullish and calls for further advance

(By Swissquote TRADING CENTRAL)