OANDA:XAUUSD   Gold Spot / U.S. Dollar
Pivot: 1618.50
Our preference:
long positions above 1618.50 with targets at 1635.00 & 1640.00 in extension.
Alternative scenario:
below 1618.50 look for further downside with 1613.00 & 1608.00 as targets.
Comment:
the RSI advocates for further advance.

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