Gold spot Intraday: the bias remains bullish.
Pivot: 1255.00

Most likely scenario: long positions above 1255.00 with targets at 1266.50 & 1272.00 in extension.

Alternative scenario: below 1255.00 look for further downside with 1251.00 & 1246.00 as targets.

Comment: the RSI is mixed with a bullish bias.

Leave a Reply