(23 JULY 2020)Gold spot ($) Bullish bias above 1856.00.

Pivot
 (invalidation): 1856.00
Our preference
Long positions above 1856.00 with targets at 1876.00 & 1885.00 in extension.
Alternative scenario
Below 1856.00 look for further downside with 1846.00 & 1833.00 as targets.
Comment
The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)