• Gold spot Intraday: bullish bias above 1160.00


             
          Pivot: 1160.00

    Most Likely Scenario: long positions above 1160.00 with targets at 1166.00 & 1169.00 in extension.
    Alternative scenario: below 1160.00 look for further downside with 1154.50 & 1151.00 as targets.

    Comment: the RSI lacks downward momentum.


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