Tanalys

Gold spot Intraday: bullish bias above 1149.

Pivot: 1149

Our preference: Long positions above 1149 with targets @ 1162 1168.3 in extension.

Alternative scenario: Below 1149 look for further downside with 1142 1132 as targets.

Comment: A support base at 1149 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1173

1168.3

1162

1151.75 Last

1149

1142

1132

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