(23 October 2019)Gold spot ($) Continuation of the rebound.

Pivot
 (invalidation): 1483.00
Our preference
Long positions above 1483.00 with targets at 1495.00 & 1498.50 in extension.
Alternative scenario
Below 1483.00 look for further downside with 1480.50 & 1478.00 as targets.
Comment
The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)