(04 APRIL 2019)Gold spot ($):Consolidation.

(04 APRIL 2019)Gold spot ($):Consolidation.

4 April 2019, 10:07
Jiming Huang
0
58

go

Pivot (invalidation): 1294.50

Our preference

Short positions below 1294.50 with targets at 1288.00 & 1285.00 in extension.

Alternative scenario

Above 1294.50 look for further upside with 1297.00 & 1300.00 as targets.

Comment

As Long as 1294.50 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)