Contributors Technical Analysis Gold Spot Rebound Expected

Gold Spot Rebound Expected

Pivot (invalidation): 1280.25

Our preference Long positions above 1280.25 with targets at 1286.50 & 1290.00 in extension.

Alternative scenario Below 1280.25 look for further downside with 1276.50 & 1274.00 as targets.

Comment The RSI advocates for further upside.

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