Gold Intraday: bullish bias above 1656.00.
Pivot:
1656.00
Our preference:
Long positions above 1656.00 with targets at 1672.00 & 1683.00 in extension.
Alternative scenario:
Below 1656.00 look for further downside with 1649.00 & 1642.00 as targets.
Comment:
The RSI is mixed with a bullish bias.
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