![(16 JULY 2019)Gold spot ($):Bullish bias above 1409.00. (16 JULY 2019)Gold spot ($):Bullish bias above 1409.00.](https://c.mql5.com/6/836/splash-728157.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
75
Pivot (invalidation): 1409.00
Our preference
Long positions above 1409.00 with targets at 1419.00 & 1424.00 in extension.
Alternative scenario
Below 1409.00 look for further downside with 1405.00 & 1400.50 as targets.
Comment
The RSI is mixed to bullish
(By Swissquote TRADING CENTRAL)