(25 JUNE 2020)Gold spot ($) Bullish bias above 1754.00.

Pivot
 (invalidation): 1754.00
Our preference
Long positions above 1754.00 with targets at 1768.00 & 1774.00 in extension.
Alternative scenario
Below 1754.00 look for further downside with 1746.00 & 1741.00 as targets.
Comment
A support base at 1754.00 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)