(02 December 2020)Gold spot ($) The bias remains bullish.

Pivot
 (invalidation): 1793.00
Our preference
Long positions above 1793.00 with targets at 1818.00 & 1832.00 in extension.
Alternative scenario
Below 1793.00 look for further downside with 1782.00 & 1770.00 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)