Gold spot Intraday: the upside prevails.

Gold spot Intraday: the upside prevails.
Pivot: 1282.00

Most likely scenario: long positions above 1282.00 with targets at 1295.00 & 1300.00 in extension.

Alternative scenario: below 1282.00 look for further downside with 1278.00 & 1273.50 as targets.

Comment: the RSI calls for a new upleg.

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