(28 August 2020)Gold spot ($) Rebound expected.

Pivot
 (invalidation): 1923.00
Our preference
Long positions above 1923.00 with targets at 1942.00 & 1955.00 in extension.
Alternative scenario
Below 1923.00 look for further downside with 1909.00 & 1902.00 as targets.
Comment
The RSI calls for a rebound

(By Swissquote TRADING CENTRAL)