• Gold spot Intraday: under pressure.

    Gold spot Intraday: under pressure.

    Gold spot Intraday: under pressure.
    Pivot: 1204.50

    Most Likely Scenario: short @ 1198.90 with targets @ 1192.00 & 1187.50 in extension.

    Alternative scenario: above 1204.50 look for further upside with 1207.80 & 1211.50 as targets.

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

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