Gold Intraday: bullish bias above 1690.00.
Pivot:
1690.00
Our preference:
Long positions above 1690.00 with targets at 1731.00 & 1745.00 in extension.
Alternative scenario:
Below 1690.00 look for further downside with 1682.00 & 1672.00 as targets.
Comment:
The RSI shows upside momentum.
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