(29 October 2019)Gold spot ($) Under pressure.

Pivot
 (invalidation): 1499.00
Our preference
Short positions below 1499.00 with targets at 1488.00 & 1482.50 in extension.
Alternative scenario
Above 1499.00 look for further upside with 1502.50 & 1507.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)