(19 MAY 2020)Gold spot ($) Key resistance at 1750.00.

Pivot
 (invalidation): 1750.00
Our preference
Short positions below 1750.00 with targets at 1727.00 & 1718.00 in extension.
Alternative scenario
Above 1750.00 look for further upside with 1757.00 & 1765.00 as targets.
Comment
As Long as the resistance at 1750.00 is not surpassed, the risk of the break below 1727.00
remains high.

(By Swissquote TRADING CENTRAL)