Contributors Technical Analysis Gold Spot Towards 1276.50

Gold Spot Towards 1276.50

Pivot (invalidation): 1288.50

Our preference Short positions below 1288.50 with targets at 1279.00 & 1276.50 in extension.

Alternative scenario Above 1288.50 look for further upside with 1291.50 & 1295.00 as targets.

Comment The RSI is bearish and calls for further downside.

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