Gold Intraday: watch 1698.00.
Pivot:
1666.00
Our preference:
Long positions above 1666.00 with targets at 1690.00 & 1698.00 in extension.
Alternative scenario:
Below 1666.00 look for further downside with 1653.00 & 1643.00 as targets.
Comment:
The RSI calls for a bounce.
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