Tanalys

Gold spot Intraday: bullish bias above 1183.

Pivot: 1183

Our preference: Long positions above 1183 with targets @ 1196 1204 in extension.

Alternative scenario: Below 1183 look for further downside with 1175 1169 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

1209

1204

1196

1186 Last

1183

1175

1169

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