(27 April 2020)Gold spot ($) Key resistance at 1729.00.

Pivot
 (invalidation): 1729.00
Our preference
Short positions below 1729.00 with targets at 1715.00 & 1709.00 in extension.
Alternative scenario
Above 1729.00 look for further upside with 1739.00 & 1747.00 as targets.
Comment
The RSI calls for a drop.

(By Swissquote TRADING CENTRAL)