Gold spot Intraday

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Gold spot Intraday

Gold spot Intraday: further advance.

Pivot: 1197

Most Likely Scenario: Long positions above 1197 with targets @ 1225.3 & 1234 in extension.

Alternative scenario: Below 1197 look for further downside with 1188 & 1180 as targets.

Comment: The RSI is mixed to bullish.

Gold Chart

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