(28 January 2020)Gold spot ($) Key resistance at 1586.00.

Pivot
 (invalidation): 1586.00
Our preference
Short positions below 1586.00 with targets at 1575.50 & 1571.00 in extension.
Alternative scenario
Above 1586.00 look for further upside with 1588.50 & 1592.00 as targets.
Comment
The RSI is mixed to bearish

(By Swissquote TRADING CENTRAL)