(30 JULY 2019)Gold spot ($):The bias remains bullish.

Pivot (invalidation): 1419.50

Our preference

Long positions above 1419.50 with targets at 1428.00 & 1433.50 in extension.

Alternative scenario

Below 1419.50 look for further downside with 1414.50 & 1411.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)