Tanalys

Gold spot Intraday: bullish bias above 1284.

Pivot: 1284

Our preference: Long positions above 1284 with targets @ 1296 1302 in extension.

Alternative scenario: Below 1284 look for further downside with 1280 1274 as targets.

Comment: Technically the RSI is above its neutrality area at 50.

Supports and resistances:

1306

1302

1296

1289 Last

1284

1280

1274

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