Gold News and Analysis
Gold spot Intraday: under pressure.
Most Likely Scenario: Short positions below 1175.35 with targets @ 1147 & 1139 in extension.
Alternative scenario: Above 1175.35 look for further upside with 1192 & 1200.8 as targets.
Comment: As long as 1175.35 is resistance, likely decline to 1147.