Contributors Technical Analysis Gold Spot Intraday Support Around 1703.00

Gold Spot Intraday Support Around 1703.00

Pivot (invalidation): 1703.00

Our preference Long positions above 1703.00 with targets at 1718.00 & 1724.00 in extension.

Alternative scenario Below 1703.00 look for further downside with 1697.00 & 1691.00 as targets.

Comment Technically the RSI is above its neutrality area at 50.

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