GOLD Analysis 16.10.2019

Bulls are testing the pivot zone of 1486 if the price holds above it, the overall uptrend will be able to continue. The nearest price pivot zone that holds back sellers is 1474.0.

Trading recommendations:

Buy above the pivot zone 1486.0.

Stop Loss under the pivot zone 1474.0.

Target levels - 1497.0; 1510.0; 1535.0.