Gold Spot / U.S. Dollar
Long

GOLD NY SESSION UPDATE

118
Gold Intraday: supported by a rising trend line.

Pivot:
2430.00

Our preference:
Long positions above 2430.00 with targets at 2446.00 & 2460.00 in extension.

Alternative scenario:
Below 2430.00 look for further downside with 2420.00 & 2411.00 as targets.

Comment:
The RSI is bullish and calls for further upside.

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