Gold intraday: expect 4245.



Pivot:
4160

Our preference:
Long positions above 4160 with targets at 4245 & 4270 in extension.

Alternative scenario:
Below 4160 look for further downside with 4110 & 4060 as targets.

Comment:
Technically the RSI is above its neutrality area at 50.#GOLD

$XAU
XAU2.87%
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