Tanalys

Gold spot Intraday: bullish bias above 1169.

Pivot: 1169

Our preference: Long positions above 1169 with targets @ 1197 1200.8 in extension.

Alternative scenario: Below 1169 look for further downside with 1160 1152.5 as targets.

Comment: The RSI is mixed.

Supports and resistances:

1209.6 ***

1200.8 *

1197 **

1182.03 Last

1169 ***

1160 **

1152.5 **

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