Contributors Technical Analysis Gold Spot Further Upside

Gold Spot Further Upside

Pivot (invalidation): 1235.00

Our preference Long positions above 1235.00 with targets at 1244.50 & 1248.00 in extension.

Alternative scenario Below 1235.00 look for further downside with 1230.50 & 1227.50 as targets.

Comment The RSI advocates for further advance.

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