(07 JULY 2020)Gold spot ($) The bias remains bullish.

Pivot
 (invalidation): 1778.00
Our preference
Long positions above 1778.00 with targets at 1789.00 & 1797.00 in extension.
Alternative scenario
Below 1778.00 look for further downside with 1774.00 & 1770.00 as targets.
Comment
The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)