• Gold spot Intraday: bullish bias above 1226.60.

    Gold spot Intraday: bullish bias above 1226.60.

    Gold spot  

    Gold spot Intraday: bullish bias above 1226.60.

       

         
          Pivot: 1226.60

    Most Likely Scenario: long positions above 1226.60 with targets at 1235.70 & 1239.50 in extension.

    Alternative scenario: below 1226.60 look for further downside with 1223.20 & 1218.50 as targets.

    Comment: a support base at 1226.60 has formed and has allowed for a temporary stabilisation


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