Tanalys

GOLD (Spot) intraday: bullish bias above 1359

Pivot: 1359.00

Our preference: LONG positions above 1359 with 1379 1384 as next targets.

Alternative scenario: The downside breakout of 1359 will open the way to 1352 1347.

Comment: the RSI is mixed with a bullish bias.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1394** Intraday resistance

1384** Intraday resistance

1379** Intraday resistance

1369.31 Last

1359** Intraday pivot point

1352** Intraday support

1347*** Intraday support

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