(26 JUNE 2020)Gold spot ($) Bullish bias above 1755.00.

Pivot
 (invalidation): 1755.00
Our preference
Long positions above 1755.00 with targets at 1769.00 & 1774.00 in extension.
Alternative scenario
Below 1755.00 look for further downside with 1746.00 & 1741.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)