(16 September 2019 )Gold spot ($) Towards 1517.50.

Pivot
 (invalidation): 1496.00
Our preference
Long positions above 1496.00 with targets at 1512.00 & 1517.50 in extension.
Alternative scenario
Below 1496.00 look for further downside with 1491.00 & 1486.00 as targets.
Comment
The RSI is mixed to bullish.