Gold Intraday: expect 4200.00.
Pivot:
4125.00
Our preference:
Long positions above 4125.00 with targets at 4178.00 & 4200.00 in extension.
Alternative scenario:
Below 4125.00 look for further downside with 4090.00 & 4060.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
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