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

 
Pivot
 (invalidation): 1694.00
Our preference
Short positions below 1694.00 with targets at 1670.00 & 1658.00 in extension.
Alternative scenario
Above 1694.00 look for further upside with 1703.00 & 1710.00 as targets.
Comment
As Long as 1694.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)