(25 March 2020)Gold spot ($) Bullish bias above 1603.00.

Pivot
 (invalidation): 1603.00
Our preference
Long positions above 1603.00 with targets at 1643.00 & 1668.00 in extension.
Alternative scenario
Below 1603.00 look for further downside with 1585.00 & 1558.00 as targets.
Comment
The RSI is above its neutrality area at 50

(By Swissquote TRADING CENTRAL)