OANDA:XAUUSD   Gold Spot / U.S. Dollar
Pivot: 1583.50

Most Likely Scenario: short positions below 1583.50 with targets at 1575.50 & 1571.00 in extension.

Alternative scenario: above 1583.50 look for further upside with 1586.00 & 1588.50 as targets.

Comment: the RSI calls for a new downleg.
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