• Gold spot Intraday: break of a ST rising trendline support.

    Gold spot Intraday: break of a ST rising trendline support.


    Pivot: 1233.00

    Most Likely Scenario: short positions below 1233.00 with targets at 1223.20 & 1218.50 in extension.

    Alternative scenario: above 1233.00 look for further upside with 1235.70 & 1240.00 as targets.

    Comment: the RSI is bearish and calls for further downside.

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