(17 November 2020)Gold spot ($) The bias remains bullish.

Pivot
 (invalidation): 1879.00
Our preference
Long positions above 1879.00 with targets at 1899.00 & 1909.00 in extension.
Alternative scenario
Below 1879.00 look for further downside with 1871.00 & 1864.00 as targets.
Comment
The RSI is mixed to bullish

(By Swissquote TRADING CENTRAL)