(04 December 2020)Gold spot ($) The bias remains bullish.

Pivot
 (invalidation): 1829.00
Our preference
Long positions above 1829.00 with targets at 1851.00 & 1861.00 in extension.
Alternative scenario
Below 1829.00 look for further downside with 1817.00 & 1807.00 as targets.
Comment
The RSI is mixed to bullis

(By Swissquote TRADING CENTRAL)