• Gold spot Intraday: range.

    Gold spot Intraday: range.

       
      Pivot: 1279.00

    Most Likely Scenario: short positions below 1279.00 with targets @ 1265.30 & 1261.00 in extension.

    Alternative scenario: above 1279.00 look for further upside with 1283.00 & 1288.00 as targets.

    Comment: Gold is moving sideways between its key resistance at 1279 and key support at 1261.

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