FX:XAUUSD   Gold Spot / U.S. Dollar
Pivot: 1297.00

Most Likely Scenario: short positions below 1297.00 with targets @ 1272.00 & 1264.50 in extension.

Alternative scenario: above 1297.00 look for further upside with 1308.00 & 1315.00 as targets.

Comment: technically the RSI is below its neutrality area at 50.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.