Tanalys

Gold spot Intraday: bullish bias above 1086.5.

Pivot: 1086.5

Our preference: Long positions above 1086.5 with targets @ 1106 1119 in extension.

Alternative scenario: Below 1086.5 look for further downside with 1073 1064 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

1129.4

1119

1106

1097.23 Last

1086.5

1073

1064

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