Tanalys

Gold spot Intraday: bullish bias above 1095.

Pivot: 1095

Our preference: long positions above 1095 with targets @ 1113.2 1123 in extension.

Alternative scenario: below 1095 look for further downside with 1084 1075 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

1133

1123

1113.2

1103.64 Last

1095

1084

1075

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