(21 JULY 2020)Gold spot ($) Bullish bias above 1811.50.

Pivot
 (invalidation): 1811.50
Our preference
Long positions above 1811.50 with targets at 1820.50 & 1828.00 in extension.
Alternative scenario
Below 1811.50 look for further downside with 1807.50 & 1803.00 as targets.
Comment
The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)