• Gold spot Intraday: under pressure


        
     Pivot: 1289.70

    Most Likely Scenario: short positions below 1289.70 with targets @ 1271.50 & 1264.00 in extension.

    Alternative scenario: above 1289.70 look for further upside with 1301.50 & 1314.00 as targets.

    Comment: the RSI lacks upward momentum.

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