(26 November 2020)Gold spot ($) Consolidation in place.

Pivot
 (invalidation): 1820.00
Our preference
Short positions below 1820.00 with targets at 1800.00 & 1791.00 in extension.
Alternative scenario
Above 1820.00 look for further upside with 1831.00 & 1841.00 as targets.
Comment
The immediate trend remains down but the momentum is weak.

(By Swissquote TRADING CENTRAL)