(04 March 2020)Gold spot ($) The upside prevails.

Pivot
 (invalidation): 1626.00
Our preference
Long positions above 1626.00 with targets at 1660.00 & 1675.00 in extension.
Alternative scenario
Below 1626.00 look for further downside with 1611.00 & 1601.00 as targets.
Comment
The RSI is bullish and calls for further advance

(By Swissquote TRADING CENTRAL)