(01 April 2020)Gold spot ($) Key resistance at 1595.00.

Pivot
 (invalidation): 1595.00
Our preference
Short positions below 1595.00 with targets at 1566.00 & 1558.00 in extension.
Alternative scenario
Above 1595.00 look for further upside with 1604.00 & 1613.00 as targets.
Comment
As Long as the resistance at 1595.00 is not surpassed, the risk of the break below 1566.00
remains high.

(By Swissquote TRADING CENTRAL)