GOLD DIRECTION View

Pivot: 1556.00

Most Likely Scenario: long positions above 1556.00 with targets at 1568.00 & 1573.00 in extension.

Alternative scenario: below 1556.00 look for further downside with 1549.50 & 1546.50 as targets.

Comment: the RSI calls for a new upleg.
Trend AnalysisXAUUSD

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