Contributors Technical Analysis Gold Spot Under Pressure

Gold Spot Under Pressure

Pivot (invalidation): 1244.00

Our preference Short positions below 1244.00 with targets at 1239.00 & 1236.00 in extension.

Alternative scenario Above 1244.00 look for further upside with 1245.50 & 1247.00 as targets.

Comment The RSI is mixed to bearish.

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