Gold‏ (CME)‏ (Q7) Intraday: further advance.

Pivot: 1245.00

Our preference: long positions above 1245.00 with targets at 1257.00 & 1259.00 in extension.

Alternative scenario: below 1245.00 look for further downside with 1241.00 & 1238.00 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
1263.00
1259.00
1257.00
1252.00 Last
1245.00
1241.00
1238.00