![(29 MAY 2020)Gold spot ($) Bullish bias above 1708.00. (29 MAY 2020)Gold spot ($) Bullish bias above 1708.00.](https://c.mql5.com/6/863/splash-736940.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
99
Pivot
(invalidation):
1708.00
Our preference
Long positions above 1708.00 with targets at 1728.00 & 1735.00 in extension.
Alternative
scenario
Below 1708.00 look for further downside with 1700.00 & 1694.00 as targets.
Comment
The RSI calls for a
rebound.
(By Swissquote TRADING CENTRAL)