(28 April 2020)Gold spot ($) Capped by a negative trend line.

Pivot
 (invalidation): 1718.00
Our preference
Short positions below 1718.00 with targets at 1688.00 & 1679.00 in extension.
Alternative scenario
Above 1718.00 look for further upside with 1723.00 & 1729.00 as targets.
Comment
The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)