GOLD (Spot)-Our Preference: SHORT positions below 1607 with 1580 & 1574 in sight.
Comment: the RSI is bearish and calls for further downside.
Alternative scenario: The upside penetration of 1607 will call for 1614 & 1621.
Alternative scenario: The upside penetration of 1607 will call for 1614 & 1621.
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