• Gold spot Intraday: break of a ST rising trendline support.


      Gold spot Intraday: break of a ST rising trendline support.

     
      Pivot: 1265.00

    Most Likely Scenario: short positions below 1265.00 with targets @ 1250.00 & 1239.00 in extension.

    Alternative scenario: above 1265.00 look for further upside with 1278.00 & 1291.00 as targets.

    Comment: the RSI is mixed with a bearish bias.


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