GOLD (SPOT) INTRADAY: THE BIAS REMAINS BULLISH.
Pivot: 1404.00
Most Likely Scenario: LONG positions above 1404 with 1439 & 1473 as next targets.
Alternative scenario: The downside penetration of 1404 will call for 1391 & 1363.
Comment: the RSI broke above a bearish trend line. In addition, a bullish flag pattern is confirmed. The upside prevails, as long as 1404 isn't broken.


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