Tanalys

Gold spot Intraday: bullish bias above 1142.5.

Pivot: 1142.5

Our preference: Short positions below 1142.5 with targets @ 1129.5 1125 in extension.

Alternative scenario: Above 1142.5 look for further upside with 1148 1153 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

1153

1148

1142.5

1133.5 Last

1129.5

1125

1117

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