• Gold spot Intraday: under pressure.

    Gold spot Intraday: under pressure.

    Pivot: 1230.50

    Most Likely Scenario: short positions below 1230.50 with targets at 1222.50 & 1219.00 in extension.

    Alternative scenario: above 1230.50 look for further upside with 1237.00 & 1242.20 as targets.

    Comment: the RSI is mixed to bearish.

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