• Gold spot Intraday: under pressure.

    Gold spot Intraday: under pressure.

       
      Pivot: 1243.30

    Most Likely Scenario: short positions below 1243.30 with targets @ 1226.00 & 1220.00 in extension.

    Alternative scenario: above 1243.30 look for further upside with 1249.50 & 1255.50 as targets.

    Comment: the RSI is bearish and calls for further decline.

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