Contributors Technical Analysis Gold Spot Towards 1517.50

Gold Spot Towards 1517.50

Pivot (invalidation): 1496.00

Our preference Long positions above 1496.00 with targets at 1512.00 & 1517.50 in extension.

Alternative scenario Below 1496.00 look for further downside with 1491.00 & 1486.00 as targets.

Comment The RSI is mixed to bullish.

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