Contributors Technical Analysis Gold Spot 1266.25 Expected

Gold Spot 1266.25 Expected

Pivot (invalidation): 1284.00

Our preference Short positions below 1284.00 with targets at 1272.50 & 1266.25 in extension.

Alternative scenario Above 1284.00 look for further upside with 1288.25 & 1291.00 as targets.

Comment The RSI is bearish and calls for further decline.

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