(02 JULY 2020)Gold spot ($) Expect 1747.00.

Pivot
 (invalidation): 1778.00
Our preference
Short positions below 1778.00 with targets at 1759.00 & 1747.00 in extension.
Alternative scenario
Above 1778.00 look for further upside with 1789.00 & 1796.00 as targets.
Comment
The RSI is mixed to bearish.