(28 MARCH 2019)Gold spot ($):Key resistance at 1313.00.

Pivot (invalidation): 1313.00

Our preference

Short positions below 1313.00 with targets at 1306.50 & 1303.00 in extension.

Alternative scenario

Above 1313.00 look for further upside with 1317.00 & 1319.00 as targets.

Comment

As Long as 1313.00 is resistance, expect a return to 1306.50

(By Swissquote TRADING CENTRAL)