[2025-12-12] Gold Intraday: the bias remains bullish.

Description

Pivot: 4245

Our preference: long positions above 4245 with targets at 4310 & 4330 in extension.

Alternative scenario: below 4245 look for further downside with 4230 & 4204 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

4380

4330

4310

4269 Last

4245

4230

4204

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