(16 April 2020)Gold spot ($) Consolidation in place.

Pivot
 (invalidation): 1728.00
Our preference
Short positions below 1728.00 with targets at 1706.00 & 1696.00 in extension.
Alternative scenario
Above 1728.00 look for further upside with 1738.00 & 1747.00 as targets.
Comment
The RSI is below its neutrality area at 50%

(By Swissquote TRADING CENTRAL)