Tanalys

Gold spot Intraday: bullish bias above 1091.65.

Pivot: 1091.65

Our preference: Long positions above 1091.65 with targets @ 1107.2 1109.75 in extension.

Alternative scenario: Below 1091.65 look for further downside with 1087.97 1083.49 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

1115.78

1109.75

1107.2

1103 Last

1091.65

1087.97

1083.49

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