![(26 AUGUST 2019)Gold spot ($) The bias remains bullish. (26 AUGUST 2019)Gold spot ($) The bias remains bullish.](https://c.mql5.com/6/840/splash-729171.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
54
Pivot
(invalidation):
1530.00
Our preference
Long positions above 1530.00 with targets at 1555.00 & 1569.00 in extension.
Alternative scenario
Below
1530.00 look for further downside with 1517.00 & 1508.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)