(27 October 2020)Gold spot ($) Rebound expected.

Pivot
 (invalidation): 1900.00
Our preference
Long positions above 1900.00 with targets at 1914.00 & 1920.00 in extension.
Alternative scenario
Below 1900.00 look for further downside with 1895.00 & 1891.00 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)