(12 MAY 2020)Gold spot ($) Key resistance at 1705.00.

Pivot
 (invalidation): 1705.00
Our preference
Short positions below 1705.00 with targets at 1690.00 & 1681.00 in extension.
Alternative scenario
Above 1705.00 look for further upside with 1712.00 & 1722.00 as targets.
Comment
As Long as 1705.00 is resistance, look for choppy price action with a bearish bi

(By Swissquote TRADING CENTRAL)