Gold spot Intraday: further advance.
Pivot: 1278.50

Most likely scenario: long positions above 1278.50 with targets at 1290.00 & 1295.00 in extension.

Alternative scenario: below 1278.50 look for further downside with 1274.00 & 1271.00 as targets.

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

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