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

Pivot
 (invalidation): 1873.00
Our preference
Long positions above 1873.00 with targets at 1896.00 & 1910.00 in extension.
Alternative scenario
Below 1873.00 look for further downside with 1861.00 & 1854.00 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)