Gold spot Intraday: the RSI is bearish and calls for further decline.
Pivot: 1206.50
Most Likely Scenario: short positions below 1206.50 with targets at 1199.00 & 1195.00 in extension.
Alternative scenario: above 1206.50 look for further upside with 1211.00 & 1214.50 as targets.
Comment: the RSI is bearish and calls for further decline.
Pivot: 1206.50
Most Likely Scenario: short positions below 1206.50 with targets at 1199.00 & 1195.00 in extension.
Alternative scenario: above 1206.50 look for further upside with 1211.00 & 1214.50 as targets.
Comment: the RSI is bearish and calls for further decline.
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