• Gold spot Intraday: the downside prevails.

    Gold spot Intraday: the downside prevails.

    Gold spot Intraday: the downside prevails.

       

         
          Pivot: 1252.60

    Most Likely Scenario: short positions below 1252.60 with targets at 1247.50 & 1245.30 in extension.

    Alternative scenario: above 1252.60 look for further upside with 1254.60 & 1256.00 as targets.

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

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