(15 April 2020)Gold spot ($) Bullish bias above 1715.00.

Pivot
 (invalidation): 1715.00
Our preference
Long positions above 1715.00 with targets at 1738.00 & 1747.00 in extension.
Alternative scenario
Below 1715.00 look for further downside with 1706.00 & 1696.00 as targets.
Comment
The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL)