(23 October 2020)Gold spot ($) Capped by a negative trend line.

Pivot
 (invalidation): 1910.00
Our preference
Short positions below 1910.00 with targets at 1899.00 & 1894.00 in extension.
Alternative scenario
Above 1910.00 look for further upside with 1914.00 & 1920.00 as targets.
Comment
The RSI has just struck against its neutrality area at 50%

(By Swissquote TRADING CENTRAL)