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

Pivot
 (invalidation): 1867.00
Our preference
Short positions below 1867.00 with targets at 1852.00 & 1848.00 in extension.
Alternative scenario
Above 1867.00 look for further upside with 1875.00 & 1884.50 as targets.
Comment
As Long as 1867.00 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)