• Gold spot Intraday: the downside prevails.

    Gold spot Intraday: the downside prevails.

    Gold spot Intraday: the downside prevails.

       

         
          Pivot: 1256.50

    Most Likely Scenario: short positions below 1256.50 with targets at 1248.50 & 1245.70 in extension.

    Alternative scenario: above 1256.50 look for further upside with 1260.00 & 1264.00 as targets.

    Comment: the RSI is mixed with a bearish bias.

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