HomeContributorsTechnical AnalysisGold Spot Bullish Bias Above 1280.00

Gold Spot Bullish Bias Above 1280.00

Pivot (invalidation): 1280.00

Our preference Long positions above 1280.00 with targets at 1288.50 & 1291.50 in extension.

Alternative scenario Below 1280.00 look for further downside with 1276.50 & 1272.50 as targets.

Comment The RSI lacks downward momentum.

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