(14 August 2020)Gold spot ($) Bullish bias above 1935.00.

Pivot
 (invalidation): 1935.00
Our preference
Long positions above 1935.00 with targets at 1970.00 & 1995.00 in extension.
Alternative scenario
Below 1935.00 look for further downside with 1920.00 & 1906.00 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)