(26 October 2020)Gold spot ($) Look for 1882.00.

Pivot
 (invalidation): 1906.00
Our preference
Short positions below 1906.00 with targets at 1891.00 & 1882.00 in extension.
Alternative scenario
Above 1906.00 look for further upside with 1914.00 & 1920.00 as targets.
Comment
As Long as the resistance at 1906.00 is not surpassed, the risk of the break below 1891.00
remains high.

(By Swissquote TRADING CENTRAL)