(11 MARCH 2019)Gold spot ($):The bias remains bullish.

Pivot (invalidation): 1292.00

Our preference

Long positions above 1292.00 with targets at 1300.50 & 1304.00 in extension.

Alternative scenario

Below 1292.00 look for further downside with 1289.00 & 1284.50 as targets.

Comment

The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)