(09 JULY 2020)Gold spot ($) Bullish bias above 1800.00.

Pivot
 (invalidation): 1800.00
Our preference
Long positions above 1800.00 with targets at 1818.00 & 1826.00 in extension.
Alternative scenario
Below 1800.00 look for further downside with 1792.00 & 1786.00 as targets.
Comment
The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)