• Gold spot Intraday: under pressure.


    Gold spot Intraday: under pressure.

     
      Pivot: 1289.00

    Most Likely Scenario: short positions below 1289.00 with targets @ 1270.60 & 1265.00 in extension.

    Alternative scenario: above 1289.00 look for further upside with 1295.00 & 1302.00 as targets.

    Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

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