• Gold spot Intraday: capped by a negative trend line



     
    Pivot: 1252.00

    Most Likely Scenario: short positions below 1252.00 with targets @ 1237.00 & 1231.00 in extension.

    Alternative scenario: above 1252.00 look for further upside with 1256.00 & 1261.50 as targets.

    Comment: technically the RSI is below its neutrality area at 50.

  • You might also like