(16 September 2020)Gold spot ($) Key resistance at 1961.00.

Pivot
 (invalidation): 1961.00
Our preference
Short positions below 1961.00 with targets at 1948.00 & 1937.00 in extension.
Alternative scenario
Above 1961.00 look for further upside with 1972.00 & 1983.00 as targets.
Comment
The RSI is mixed and calls for caution.

(By Swissquote TRADING CENTRAL)