![(02 AUGUST 2019)Gold spot ($):Bullish bias above 1425.00. (02 AUGUST 2019)Gold spot ($):Bullish bias above 1425.00.](https://c.mql5.com/6/838/splash-728594.jpg)
(02 AUGUST 2019)Gold spot ($):Bullish bias above 1425.00.
2 August 2019, 09:28
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
65
Pivot (invalidation): 1425.00
Our preference
Long positions above 1425.00 with targets at 1442.00 & 1449.00 in extension.
Alternative scenario
Below 1425.00 look for further downside with 1419.00 & 1411.00 as targets.
Comment
The RSI is above its neutrality area at 50%.
(By Swissquote TRADING CENTRAL)