(25 November 2020)Gold spot ($) The downside prevails.

Pivot
 (invalidation): 1820.00
Our preference
Short positions below 1820.00 with targets at 1791.00 & 1780.00 in extension.
Alternative scenario
Above 1820.00 look for further upside with 1831.00 & 1841.00 as targets.
Comment
The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)