Contributors Technical Analysis Gold Spot Turning Down

Gold Spot Turning Down

Pivot (invalidation): 1286.50

Our preference Short positions below 1286.50 with targets at 1280.50 & 1277.00 in extension.

Alternative scenario Above 1286.50 look for further upside with 1289.00 & 1291.50 as targets.

Comment The RSI is bearish and calls for further decline.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version