Tanalys

Gold Intraday: the downside prevails.

Pivot: 1328

Our preference: Short positions below 1328 with targets @ 1303 1290 in extension.

Alternative scenario: Above 1328 look for further upside with 1337 1348 as targets.

Comment: a break below 1303 would trigger a drop towards 1290.

Supports and resistances:

1348

1337

1328

1316 Last

1303

1290

1275

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