(19 SEPTEMBER 2018)Gold spot ($):The bias remains bullish.

Pivot (invalidation): 1196.00

Our preference

Long positions above 1196.00 with targets at 1203.50 & 1205.00 in extension.

Alternative scenario

Below 1196.00 look for further downside with 1192.50 & 1190.00 as targets.

Comment

The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)