(08 September 2020)Gold spot ($) The downside prevails.

Pivot
 (invalidation): 1936.00
Our preference
Short positions below 1936.00 with targets at 1916.00 & 1908.00 in extension.
Alternative scenario
Above 1936.00 look for further upside with 1942.00 & 1950.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)