Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out.
GOLD (SPOT) INTRADAY: BULLISH BIAS ABOVE 1535
Pivot: 1535.00
Most Likely Scenario: LONG positions above 1535 with 1555 & 1570 as next targets.
Alternative scenario: The downside penetration of 1535 will call for 1520 & 1509.
Comment: The RSI is bullish and calls for further advance.
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