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Gold Pivot Point 6 ,May 2015
Gold spot Intraday: supported by a rising trend line.
Pivot: 1190.5
Most Likely Scenario: Long positions above 1190.5 with targets @ 1200 & 1207 in extension.
Alternative scenario: Below 1190.5 look for further downside with 1185 & 1177 as targets.
Comment: The RSI is mixed to bullish.
Gold Chart
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Tags : Comex Gold futures Gold Gold Chart