(15 AUGUST 2019)Gold spot ($):Bullish bias above 1508.00.

Pivot
 (invalidation): 1508.00
Our preference
Long positions above 1508.00 with targets at 1524.00 & 1535.00 in extension.
Alternative scenario
Below 1508.00 look for further downside with 1502.00 & 1494.00 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)