• Gold spot Intraday: key resistance at 1217.40


        Pivot: 1217.40

    Most Likely Scenario: short positions below 1217.40 with targets @ 1199.50 & 1190.00 in extension.

    Alternative scenario: above 1217.40 look for further upside with 1223.00 & 1234.50 as targets.

    Comment: the upward potential is likely to be limited by the resistance at 1217.40.

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