Contributors Technical Analysis Gold Spot Key Resistance At 1216.75

Gold Spot Key Resistance At 1216.75

Pivot (invalidation): 1216.75

Our preference Short positions below 1216.75 with targets at 1211.50 & 1208.50 in extension.

Alternative scenario Above 1216.75 look for further upside with 1219.50 & 1223.00 as targets.

Comment The RSI is mixed to bearish.

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