Tanalys

Gold MT: choppy.

Pivot: 1252.

Our Preference: As long as 1252 is support, a test of 1434 seems likely.

Alternative scenario: A downside breakout of 1252 would open the way towards 1180.

Comment: look for support to materialize near 1252.

Trend: ST Bullish; MT Range, we have been bullish since 30 OCT 2013 (1355).

Key levels Comment

1522 Key horizontal resistance

1485 Fib retracement (50%)

1434 Horizontal resistance

1285 Last

1252 Pivot point

1180 Horizontal support

1080 Fib retracement (50%)

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