Tanalys

Gold spot Intraday: bullish bias above 1285.

Pivot: 1285

Our preference: Long positions above 1285 with targets @ 1305 1312 in extension.

Alternative scenario: Below 1285 look for further downside with 1276 1267 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Supports and resistances:

1325

1312

1305

1300 Last

1285

1276

1267

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