(31 August 2020)Gold spot ($) Bullish bias above 1960.00.

Pivot
 (invalidation): 1960.00
Our preference
Long positions above 1960.00 with targets at 1977.00 & 1984.00 in extension.
Alternative scenario
Below 1960.00 look for further downside with 1947.00 & 1935.00 as targets.
Comment
The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)