Gold spot Intraday: further upside.

Pivot: 1242.00

Our preference: long positions above 1242.00 with targets at 1255.00 & 1259.00 in extension.

Alternative scenario: below 1242.00 look for further downside with 1238.00 & 1235.80 as targets.

Comment: the RSI calls for a new upleg.

Supports and resistances:
1263.00
1259.00
1255.00
1250.76 Last
1242.00
1238.00
1235.80