Gold (J-18) Evening Analysis 20 March 2018

Downside Prevails

Our Pivot: 1318.0

Our Preference: Short sell below 1312.0 with strict stop loss of 1318.0 and target at 1304.0 and 1300.0.

Alternate Scenario: Upward penetration of 1318.0 will call for 1326.0.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances:.