(11 September 2020)Gold spot ($) Target 1925.00.

Pivot
 (invalidation): 1950.00
Our preference
Short positions below 1950.00 with targets at 1934.00 & 1925.00 in extension.
Alternative scenario
Above 1950.00 look for further upside with 1957.00 & 1966.50 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)