XAU 13 Aug Intraday

 Gold Spot Intraday : Bullish bias above 1906.00

Pivot : 1906.00

Most likely scenario : Long positions above 1906.00 with targets 1950.00 and 1970.00 in extension.

Alternative Scenario : Below 1906.00, look for further downside with 1880.00 and 1863.00 as targets.

Comment : The RSI is mixed to Bullish.

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