Gold spot Intraday: the upside prevails.

Gold spot Intraday: the upside prevails.
Pivot: 1291.00

Most likely scenario: long positions above 1291.00 with targets at 1300.50 & 1304.00 in extension.

Alternative scenario: below 1291.00 look for further downside with 1287.00 & 1283.50 as targets.

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

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