Tanalys

Gold spot Intraday: intraday support around 1058.

Pivot: 1058

Our preference: Long positions above 1058 with targets @ 1074 1080 in extension.

Alternative scenario: Below 1058 look for further downside with 1050 1044 as targets.

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

Supports and resistances:

1085

1080

1074

1064 Last

1058

1050

1044

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