Tanalys

Gold spot Intraday: bullish bias above 1200.

Pivot: 1200

Our preference: Long positions above 1200 with targets @ 1225 1231.5 in extension.

Alternative scenario: Below 1200 look for further downside with 1192 1180 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

1243

1231.5

1225

1210 Last

1200

1192

1180

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