Gold Intraday: bullish bias above 1778.00.
Pivot:
1778.00
Our preference:
Long positions above 1778.00 with targets at 1796.00 & 1802.00 in extension.
Alternative scenario:
Below 1778.00 look for further downside with 1771.00 & 1765.00 as targets.
Comment:
The RSI calls for a rebound.
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