Gold spot Intraday: the bias remains bullish.
Pivot: 1224.50

Most likely scenario: long positions above 1224.50 with targets at 1230.00 & 1233.00 in extension.

Alternative scenario: below 1224.50 look for further downside with 1222.00 & 1219.50 as targets.

Comment: a support base at 1224.50 has formed and has allowed for a temporary stabilisation.

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