Gold spot Intraday: the upside prevails.

Gold spot Intraday: the upside prevails.
Pivot: 1236.50

Most likely scenario: long positions above 1236.50 with targets at 1244.50 & 1248.00 in extension.

Alternative scenario: below 1236.50 look for further downside with 1233.00 & 1229.50 as targets.

Comment: the RSI calls for a bounce.

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