(09 December 2019) Gold spot ($) Target 1454.00.

Pivot
 (invalidation): 1463.00
Our preference
Short positions below 1463.00 with targets at 1457.00 & 1454.00 in extension.
Alternative scenario
Above 1463.00 look for further upside with 1466.50 & 1471.00 as targets.
Comment
The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)