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Gold Spot: Further Upside

Pivot (invalidation): 1848.00

Our preference Long positions above 1848.00 with targets at 1881.00 & 1891.00 in extension.

Alternative scenario Below 1848.00 look for further downside with 1838.00 & 1829.00 as targets.

Comment The RSI is bullish and calls for further upside.

 

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