![(31 DECEMBER 2018)Gold spot ($) :The bias remains bullish. (31 DECEMBER 2018)Gold spot ($) :The bias remains bullish.](https://c.mql5.com/6/821/splash-723704.jpg)
(31 DECEMBER 2018)Gold spot ($) :The bias remains bullish.
2 January 2019, 14:07
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
67
Pivot (invalidation): 1275.00
Our preference
Long positions above 1275.00 with targets at 1282.00 & 1285.50 in extension.
Alternative scenario
Below 1275.00 look for further downside with 1270.00 & 1266.50 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)