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

Pivot
 (invalidation): 1793.00
Our preference
Short positions below 1793.00 with targets at 1757.00 & 1747.00 in extension.
Alternative scenario
Above 1793.00 look for further upside with 1805.00 & 1814.00 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)