(19 September 2019 )Gold spot ($) Key resistance at 1497.50.

Pivot
 (invalidation): 1497.50
Our preference
Short positions below 1497.50 with targets at 1483.00 & 1479.00 in extension.
Alternative scenario
Above 1497.50 look for further upside with 1501.00 & 1507.00 as targets.
Comment
The RSI is bearish and calls for further downside.