(17 April 2020)Gold spot ($) Under pressure.

Pivot
 (invalidation): 1721.00
Our preference
Short positions below 1721.00 with targets at 1700.00 & 1689.00 in extension.
Alternative scenario
Above 1721.00 look for further upside with 1731.00 & 1739.00 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)