• Gold spot Intraday: bullish bias above 1254.00.

    Gold spot Intraday: bullish bias above 1254.00.


      Pivot: 1254.00

    Most Likely Scenario: long positions above 1254.00 with targets @ 1276.00 & 1284.00 in extension.

    Alternative scenario: below 1254.00 look for further downside with 1235.00 & 1225.00 as targets.

    Comment: a support base at 1254.00 has formed and has allowed for a temporary stabilisation.

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