Gold Intraday: expect 1732.00.
Pivot:
1707.00
Our preference:
Long positions above 1707.00 with targets at 1726.00 & 1732.00 in extension.
Alternative scenario:
Below 1707.00 look for further downside with 1697.00 & 1690.00 as targets.
Comment:
The RSI calls for a rebound.
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