(24 December 2019)Gold spot ($) Further advance.

Pivot
 (invalidation): 1484.50
Our preference
Long positions above 1484.50 with targets at 1494.00 & 1498.00 in extension.
Alternative scenario
Below 1484.50 look for further downside with 1481.50 & 1478.50 as targets.
Comment
The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL)