Tanalys

Gold spot Intraday: bullish bias above 1306.

Pivot: 1306

Our preference: Long positions above 1306 with targets @ 1332 1350 in extension.

Alternative scenario: Below 1306 look for further downside with 1300 1285 as targets.

Comment: The RSI is bullish and calls for further upside.

Supports and resistances:

1365

1350

1332

1325 Last

1306

1300

1285

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