Gold spot Intraday: key resistance at 1202.00.
Pivot: 1202.00

Most likely scenario: short positions below 1202.00 with targets at 1196.00 & 1192.50 in extension.

Alternative scenario: above 1202.00 look for further upside with 1205.00 & 1208.50 as targets.

Comment: the RSI lacks upward momentum.

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