Contributors Technical Analysis Gold Spot Consolidation In Place

Gold Spot Consolidation In Place

Pivot (invalidation): 1728.00

Our preference Short positions below 1728.00 with targets at 1706.00 & 1696.00 in extension.

Alternative scenario Above 1728.00 look for further upside with 1738.00 & 1747.00 as targets.

Comment The RSI is below its neutrality area at 50%

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