(17 February 2020)Gold spot ($) Supported by a rising trend line.

Pivot
 (invalidation): 1578.00
Our preference
Long positions above 1578.00 with targets at 1585.00 & 1590.00 in extension.
Alternative scenario
Below 1578.00 look for further downside with 1573.00 & 1569.00 as targets.
Comment
The RSI is mixed to bullish

(By Swissquote TRADING CENTRAL)