• Gold spot Intraday: further advance.

    Gold spot Intraday: further advance.

    Gold spot Intraday: further advance.

    Pivot: 1229.00

    Most Likely Scenario: long positions above 1229.00 with targets at 1241.00 & 1246.50 in extension.

    Alternative scenario: below 1229.00 look for further downside with 1224.00 & 1218.00 as targets.

    Comment: the RSI broke above a declining trend line.

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