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Gold Spot 1439.00 Expected

Pivot (invalidation): 1409.50

Our preference Long positions above 1409.50 with targets at 1425.00 & 1439.00 in extension.

Alternative scenario Below 1409.50 look for further downside with 1398.50 & 1390.00 as targets.

Comment The RSI is bullish and calls for further upside.

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