OANDA:XAUUSD   Gold Spot / U.S. Dollar
Pivot: 1631.00
Our preference:
long positions above 1631.00 with targets at 1649.00 & 1660.00 in extension.
Alternative scenario:
below 1631.00 look for further downside with 1623.00 & 1611.00 as targets.
Comment:
the RSI lacks downward momentum.

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