![(23 April 2020)Gold spot ($) The bias remains bullish. (23 April 2020)Gold spot ($) The bias remains bullish.](https://c.mql5.com/6/859/splash-735947.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
80
Pivot
(invalidation):
1702.00
Our preference
Long positions above 1702.00 with targets at 1722.00 & 1730.00 in extension.
Alternative
scenario
Below 1702.00 look for further downside with 1691.00 & 1678.00 as targets.
Comment
Even though a
continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)