Gold spot Intraday: rebound expected.
Pivot: 1287.50

Most likely scenario: long positions above 1287.50 with targets at 1297.00 & 1300.00 in extension.

Alternative scenario: below 1287.50 look for further downside with 1285.00 & 1283.00 as targets.

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

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