(31 MAY 2019)Gold spot ($):Target 1298.50.

(31 MAY 2019)Gold spot ($):Target 1298.50.

31 May 2019, 09:09
Jiming Huang
0
61

go

Pivot (invalidation): 1285.50

Our preference

Long positions above 1285.50 with targets at 1293.75 & 1298.50 in extension.

Alternative scenario

Below 1285.50 look for further downside with 1282.00 & 1280.00 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)