Gold spot Intraday: under pressure.
Pivot: 1197.50

Most likely scenario: short positions below 1197.50 with targets at 1190.25 & 1187.50 in extension.

Alternative scenario: above 1197.50 look for further upside with 1200.50 & 1203.50 as targets.

Comment: the RSI is mixed to bearish.

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