• Gold spot Intraday: consolidation in place.

    Gold spot Intraday: consolidation in place.

    Gold

    Pivot: 1144.00

    Most Likely Scenario: short positions below 1144.00 with targets at 1133.00 & 1130.00 in extension.

    Alternative scenario: above 1144.00 look for further upside with 1147.00 & 1152.00 as targets.

    Comment: intraday technical indicators are mixed and call for caution

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