(25 February 2020)Gold spot ($) Key resistance at 1663.00.

Pivot
 (invalidation): 1663.00
Our preference
Short positions below 1663.00 with targets at 1646.00 & 1638.00 in extension.
Alternative scenario
Above 1663.00 look for further upside with 1672.00 & 1681.00 as targets.
Comment
Technically the RSI is below its neutrality area at 50.

(By Swissquote TRADING CENTRAL)