Contributors Technical Analysis Gold Spot The Bias Remains Bullish

Gold Spot The Bias Remains Bullish

Pivot (invalidation): 1295.50

Our preference Long positions above 1295.50 with targets at 1303.00 & 1306.00 in extension.

Alternative scenario Below 1295.50 look for further downside with 1291.50 & 1288.00 as targets.

Comment Technically the RSI is above its neutrality area at 50.

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