(13 JULY 2020)Gold spot ($) Bullish bias above 1797.00.

Pivot
 (invalidation): 1797.00
Our preference
Long positions above 1797.00 with targets at 1810.00 & 1815.00 in extension.
Alternative scenario
Below 1797.00 look for further downside with 1793.00 & 1786.00 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)