Gold spot Intraday: key resistance at 1209.
Pivot: 1209
Our preference: Short positions below 1209 with targets @ 1195 & 1190.1 in extension.
Alternative scenario: Above 1209 look for further upside with 1214.75 & 1219.9 as targets.
Comment: As long as the resistance at 1209 is not surpassed, the risk of the break below 1195 remains high.
