• Gold spot Intraday: the bias remains bullish.

    Gold spot Intraday: the bias remains bullish.

       
      Pivot: 1209.00

    Most Likely Scenario: long positions above 1209.00 with targets @ 1224.00 & 1229.00 in extension.

    Alternative scenario: below 1209.00 look for further downside with 1202.00 & 1195.00 as targets.

    Comment: a support base at 1209.00 has formed and has allowed for a temporary stabilisation.

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