(03 December 2020)Gold spot ($) Further advance.

Pivot
 (invalidation): 1817.00
Our preference
Long positions above 1817.00 with targets at 1851.00 & 1861.00 in extension.
Alternative scenario
Below 1817.00 look for further downside with 1807.00 & 1793.00 as targets.
Comment
The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)