• Gold spot Intraday: bullish bias above 1335.00


       
         
          Pivot: 1335.00

    Most Likely Scenario: long positions above 1335.00 with targets @ 1354.00 & 1359.00 in extension.

    Alternative scenario: below 1335.00 look for further downside with 1328.00 & 1320.50 as targets.

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

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