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Gold spot Intraday

Pivot: 1247

Most Likely Scenario: Short positions below 1247 with targets @ 1224 & 1217.4 in extension.

Alternative scenario: Above 1247 look for further upside with 1256 & 1267 as targets.

Comment: As long as 1247 is resistance, likely decline to 1224.

Gold Chart

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Gold News and Analysis

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