(03 November 2020)Gold spot ($) Supported by a rising trend line.

Pivot
 (invalidation): 1885.00
Our preference
Long positions above 1885.00 with targets at 1899.00 & 1904.00 in extension.
Alternative scenario
Below 1885.00 look for further downside with 1878.00 & 1873.00 as targets.
Comment
The RSI is mixed with a bullish bias.

(By Swissquote TRADING CENTRAL)