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Gold Market Analysis
Gold spot Intraday: under pressure.
Pivot: 1203
Most Likely Scenario: Short positions below 1203 with targets @ 1189 & 1183 in extension.
Alternative scenario: Above 1203 look for further upside with 1209 & 1212.5 as targets.
Comment: As long as 1203 is resistance, expect a return to 1189.
Gold Chart
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Categories :
Tags : Gold & Oil News and Analysis Source: FXPRO
