Gold spot Intraday: further advance.

Gold spot Intraday: further advance.
Pivot: 1246.00

Most likely scenario: long positions above 1246.00 with targets at 1256.00 & 1258.50 in extension.

Alternative scenario: below 1246.00 look for further downside with 1242.50 & 1240.00 as targets.

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

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