(18 November 2020)Gold spot ($) Key resistance at 1887.00.

Pivot
 (invalidation): 1887.00
Our preference
Short positions below 1887.00 with targets at 1872.00 & 1864.00 in extension.
Alternative scenario
Above 1887.00 look for further upside with 1894.00 & 1899.00 as targets.
Comment
As Long as 1887.00 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)