Today: Gold spot Intraday: the downside prevails.

Tradesupports.com

Junior member
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Gold spot Intraday: the downside prevails.​
Pivot:​
1998.00​
Our preference:​
short positions below 1998.00 with targets at 1966.00 & 1956.00 in extension.​
Alternative scenario:​
above 1998.00 look for further upside with 2019.00 & 2030.00 as targets.​
Comment:​
the RSI is bearish and calls for further downside.​
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