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

Pivot
 (invalidation): 1720.50
Our preference
Long positions above 1720.50 with targets at 1733.00 & 1740.00 in extension.
Alternative scenario
Below 1720.50 look for further downside with 1712.50 & 1704.00 as targets.
Comment
The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)