Gold spot ST: 1265.00 expected.

Date: 2018/11/07
Time: 03:11 (GMT +1)
Ticker: GOLDS
Last: 1226.85
Pivot: 1209.0
1st sup. 1209.0
2nd sup. 1180.0
3rd sup. 1160.0
1st res. 1240.0
2nd res. 1265.0
3rd res. 1285.0
Title:
Summary: Long positions above 1209.00 with targets at 1240.00 & 1265.00 in extension.
Story: Pivot: 1209.00

Our preference: long positions above 1209.00 with targets at 1240.00 & 1265.00 in extension.

Alternative scenario: below 1209.00 look for further downside with 1180.00 & 1160.00 as targets.

Comment: the RSI is supported by a rising trend line.

Supports and resistances:
1285.00 ***
1265.00 ***
1240.00 ***
1226.85 Last
1209.00 ***
1180.00 ***
1160.00 ***