Gold spot Intraday: under pressure.

Gold spot Intraday: under pressure.
Pivot: 1216.75

Most likely scenario: short positions below 1216.75 with targets at 1211.50 & 1208.50 in extension.

Alternative scenario: above 1216.75 look for further upside with 1219.50 & 1223.00 as targets.

Comment: the RSI is mixed to bearish.

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