(20 December 2019)Gold spot ($) Intraday support around 1476.50.

Pivot
 (invalidation): 1476.50
Our preference
Long positions above 1476.50 with targets at 1481.50 & 1484.00 in extension.
Alternative scenario
Below 1476.50 look for further downside with 1474.00 & 1471.50 as targets.
Comment
A support base at 1476.50 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)