Tanalys

Gold spot Intraday: bullish bias above 1074.

Pivot: 1074

Our preference: long positions above 1074 with targets @ 1081.5 1089 in extension.

Alternative scenario: below 1074 look for further downside with 1067 1062 as targets.

Comment: a support base at 1074 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1094

1089

1081.5

1077 Last

1074

1067

1062

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