(15 November 2019)Gold spot ($) Break of a ST rising trendline support.

Pivot
 (invalidation): 1469.00
Our preference
Short positions below 1469.00 with targets at 1464.00 & 1461.00 in extension.
Alternative scenario
Above 1469.00 look for further upside with 1471.50 & 1474.00 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)