(10 JULY 2020)Gold spot ($) Expect 1787.00.

Pivot

 (invalidation): 1809.00 Our preference

Short positions below 1809.00 with targets at 1795.00 & 1787.00 in extension.

Alternative scenario

Above 1809.00 look for further upside with 1818.00 & 1825.00 as targets.