Contributors Technical Analysis Gold Spot The Bias Remains Bullish

Gold Spot The Bias Remains Bullish

Pivot (invalidation): 1636.00

Our preference Long positions above 1636.00 with targets at 1678.00 & 1697.00 in extension.

Alternative scenario Below 1636.00 look for further downside with 1624.00 & 1610.00 as targets.

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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