Gold Intraday: bullish bias above 1729.00.
Pivot:
1729.00
Our preference:
Long positions above 1729.00 with targets at 1745.00 & 1751.00 in extension.
Alternative scenario:
Below 1729.00 look for further downside with 1720.00 & 1712.00 as targets.
Comment:
The RSI is mixed to bullish.
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