(20 October 2020)Gold spot ($) Key resistance at 1910.00.

Pivot
 (invalidation): 1910.00
Our preference
Short positions below 1910.00 with targets at 1895.00 & 1889.00 in extension.
Alternative scenario
Above 1910.00 look for further upside with 1914.00 & 1918.50 as targets.
Comment
As Long as the resistance at 1910.00 is not surpassed, the risk of the break below 1895.00
remains high.

(By Swissquote TRADING CENTRAL)