• Gold spot Intraday: key resistance at 1225.00.


    Gold spot Intraday: key resistance at 1225.00.  

      Pivot: 1225.00

    Most Likely Scenario: short positions below 1225.00 with targets @ 1206.50 & 1200.50 in extension.

    Alternative scenario: above 1225.00 look for further upside with 1231.00 & 1236.75 as targets.

    Comment: the upward potential is likely to be limited by the resistance at 1225.00.

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