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

<p>Pivot</p>
<p>&nbsp;(invalidation): 1856.00 Our preference</p>
<p>Long positions above 1856.00 with targets at 1876.00 &amp; 1885.00 in extension.</p>
<p>Alternative scenario</p>
<p>Below 1856.00 look for further downside with 1846.00 &amp; 1833.00 as targets.</p>