Contributors Technical Analysis Gold Spot Bullish Bias Above 1507.00

Gold Spot Bullish Bias Above 1507.00

Pivot (invalidation): 1507.00

Our preference Long positions above 1507.00 with targets at 1516.00 & 1519.50 in extension.

Alternative scenario Below 1507.00 look for further downside with 1503.00 & 1499.50 as targets.

Comment The RSI is mixed with a bullish bias.

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