• Gold spot Intraday: under pressure.


    Gold spot Intraday: under pressure.

       
      Pivot: 1253.50

    Most Likely Scenario: short positions below 1253.50 with targets @ 1239.50 & 1235.50 in extension.

    Alternative scenario: above 1253.50 look for further upside with 1259.50 & 1265.00 as targets.

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


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