Gold Trading Strategy

61
Pivot: 1266.00
My preference: long positions above 1266.00 with targets at 1272.00 & 1274.00 in extension.
Alternative scenario: below 1266.00 look for further downside with 1262.00 & 1258.80 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1277.00
1274.00
1272.00
1270.50 Last
1266.00
1262.00
1258.80

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