Gold spot Intraday: the bias remains bullish.
Pivot: 1198.00

Most likely scenario: long positions above 1198.00 with targets at 1204.00 & 1207.00 in extension.

Alternative scenario: below 1198.00 look for further downside with 1196.50 & 1193.00 as targets.

Comment: the RSI is mixed with a bullish bias.

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