Gold spot Intraday: supported by a rising trend line.
Pivot: 1292.00
Our preference: long positions above 1292.00 with targets at 1310.00 & 1318.00 in extension.
Alternative scenario: below 1292.00 look for further downside with 1285.00 & 1279.00 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances: 1325.00, 1318.00 , 1310.00 , 1304.91
Last: 1292.00 , 1285.00 , 1279.00