Gold spot Intraday: the upside prevails.

Gold spot Intraday: the upside prevails.
Pivot: 1222.50

Most likely scenario: long positions above 1222.50 with targets at 1230.50 & 1233.50 in extension.

Alternative scenario: below 1222.50 look for further downside with 1219.50 & 1217.50 as targets.

Comment: the RSI is bullish and calls for further upside.

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