(26 MAY 2020)Gold spot ($) Rebound expected.

Pivot
 (invalidation): 1725.00
Our preference
Long positions above 1725.00 with targets at 1742.00 & 1748.00 in extension.
Alternative scenario
Below 1725.00 look for further downside with 1721.00 & 1715.00 as targets.
Comment
The RSI calls for a rebound.