(21 January 2020)Gold spot ($) The upside prevails.

Pivot
 (invalidation): 1560.00
Our preference
Long positions above 1560.00 with targets at 1570.00 & 1575.00 in extension.
Alternative scenario
Below 1560.00 look for further downside with 1556.00 & 1553.00 as targets.
Comment
The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL)