Gold spot Intraday: the downside prevails.
Pivot: 1290.00

Most likely scenario: short positions below 1290.00 with targets at 1276.00 & 1272.00 in extension.

Alternative scenario: above 1290.00 look for further upside with 1294.00 & 1298.50 as targets.

Comment: the RSI is bearish and calls for further downside.

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