• Gold spot Intraday: capped by a negative trend line.

    Gold spot Intraday: capped by a negative trend line.

    Gold spot Intraday: capped by a negative trend line.
    Pivot: 1191.00

    Most Likely Scenario: short positions below 1191.00 with targets at 1179.90 & 1177.00 in extension.

    Alternative scenario: above 1191.00 look for further upside with 1194.60 & 1198.30 as targets.

    Comment: the RSI is capped by a bearish trend line.

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