Tanalys

Gold spot Intraday: choppy.

Pivot: 1248

Our preference: Long positions above 1248 with targets @ 1269 1279 in extension.

Alternative scenario: Below 1248 look for further downside with 1231 1218 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:

1293

1279

1269

1255 Last

1248

1231

1218

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