Contributors Technical Analysis Gold Spot: The Downside Prevails

Gold Spot: The Downside Prevails

Pivot (invalidation): 1927.00

Our preference Short positions below 1927.00 with targets at 1896.00 & 1882.00 in extension.

Alternative scenario Above 1927.00 look for further upside with 1934.00 & 1943.00 as targets.

Comment The RSI advocates for further decline.

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