Tanalys

Gold spot Intraday: bullish bias above 1152.

Pivot: 1152

Our preference: Long positions above 1152 with targets @ 1169 1175 in extension.

Alternative scenario: Below 1152 look for further downside with 1148 1144 as targets.

Comment: A support base at 1152 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1183

1175

1169

1156 Last

1152

1148

1144

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