(20 November 2020)Gold spot ($) Key resistance at 1869.00.

(20 November 2020)Gold spot ($) Key resistance at 1869.00.

20 November 2020, 11:55
Jiming Huang
0
67

go
Pivot
 (invalidation): 1869.00
Our preference
Short positions below 1869.00 with targets at 1857.00 & 1852.00 in extension.
Alternative scenario
Above 1869.00 look for further upside with 1875.00 & 1884.00 as targets.
Comment
The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL)