• Gold spot Intraday: bullish bias above 1264.00.

    Gold spot Intraday: bullish bias above 1264.00.


     
     
    Pivot: 1264.00

    Most Likely Scenario: long positions above 1264.00 with targets at 1271.00 & 1274.00 in extension.

    Alternative scenario: below 1264.00 look for further downside with 1259.50 & 1254.00 as targets.

    Comment: a support base at 1264.00 has formed and has allowed for a temporary stabilisation.

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