![(19 JULY 2019)Gold spot ($):The bias remains bullish. (19 JULY 2019)Gold spot ($):The bias remains bullish.](https://c.mql5.com/6/837/splash-728256.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
63
Pivot (invalidation): 1434.00
Our preference
Long positions above 1434.00 with targets at 1453.00 & 1461.00 in extension.
Alternative scenario
Below 1434.00 look for further downside with 1428.00 & 1422.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)