Gold spot Intraday:
bullish bias above 1230.50.
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Pivot: 1230.50
Most likely scenario: long positions above 1230.50 with targets at
1237.00 & 1242.20 in extension.
Alternative scenario: below 1230.50 look for further downside with
1226.00 & 1222.50 as targets.
Comment: the RSI is mixed to bullish.
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