(31 December 2019)Gold spot ($) The upside prevails.

Pivot
 (invalidation): 1514.50
Our preference
Long positions above 1514.50 with targets at 1527.50 & 1532.00 in extension.
Alternative scenario
Below 1514.50 look for further downside with 1510.00 & 1507.00 as targets.
Comment
The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL)