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

Pivot
 (invalidation): 1866.00
Our preference
Long positions above 1866.00 with targets at 1880.00 & 1885.00 in extension.
Alternative scenario
Below 1866.00 look for further downside with 1862.00 & 1858.00 as targets.
Comment
The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)