(24 November 2020)Gold spot ($) Under pressure.

Pivot
 (invalidation): 1843.00
Our preference
Short positions below 1843.00 with targets at 1807.00 & 1800.00 in extension.
Alternative scenario
Above 1843.00 look for further upside with 1849.00 & 1857.00 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)