• Gold spot Intraday: bullish bias above 1193.00.

    Gold spot Intraday: bullish bias above 1193.00.

    Gold spot Intraday: bullish bias above 1193.00.
    Pivot: 1193.00

    Most Likely Scenario: long positions above 1193.00 with targets at 1203.00 & 1206.00 in extension.

    Alternative scenario: below 1193.00 look for further downside with 1188.00 & 1181.50 as targets.

    Comment: a support base at 1193.00 has formed and has allowed for a temporary stabilisation.

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