(16 November 2020)Gold spot ($) 1921.00 in sight.

Pivot
 (invalidation): 1880.00
Our preference
Long positions above 1880.00 with targets at 1912.00 & 1921.00 in extension.
Alternative scenario
Below 1880.00 look for further downside with 1873.00 & 1867.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)