Tanalys

GOLD (Spot) intraday: bullish bias above 1376

Pivot: 1376.00

Our preference: LONG positions above 1376 with 1415 1423 in sight.

Alternative scenario: The downside breakout of 1376 will open the way to 1365 1352.

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

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1440** Intraday resistance

1423** Intraday resistance

1415** Intraday resistance

1401.6 Last

1376*** Intraday pivot point

1365** Intraday support

1352** Intraday support

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