(20 April 2020)Gold spot ($) Capped by a negative trend line.

Pivot
 (invalidation): 1690.00
Our preference
Short positions below 1690.00 with targets at 1670.00 & 1660.00 in extension.
Alternative scenario
Above 1690.00 look for further upside with 1695.00 & 1703.00 as targets.
Comment
The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL)