XAUUSD Intraday 1H Chart : Key Resistance 1262.50

OANDA:XAUUSD   Gold Spot / U.S. Dollar
23 0 1
Preference short positions below 1262.50 with targets at 1245.00 & 1241.00 in extension.

Above 1262.50 look for further upside with 1269.00 & 1277.00 as targets.

The upward potential is likely to be limited by the resistance at 1262.50.

Risk management in priority.
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