(25 JUNE 2019)Gold spot ($):Bullish bias above 1413.00.

Pivot (invalidation): 1413.00

Our preference

Long positions above 1413.00 with targets at 1430.00 & 1437.50 in extension.

Alternative scenario

Below 1413.00 look for further downside with 1409.00 & 1402.00 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)