Gold spot Intraday: under pressure.

Gold spot Intraday: under pressure.
Pivot: 1225.00

Most likely scenario: short positions below 1225.00 with targets at 1219.50 & 1217.50 in extension.

Alternative scenario: above 1225.00 look for further upside with 1226.50 & 1228.50 as targets.

Comment: the RSI is bearish and calls for further decline.

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