SHORTING GOLD

Pivot: 1578.00

Most Likely Scenario: short positions below 1578.00 with targets at 1570.50 & 1567.00 in extension.

Alternative scenario: above 1578.00 look for further upside with 1582.00 & 1585.50 as targets.

Comment: the RSI is below its neutrality area at 50%
Trend AnalysisXAUUSD

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