Tanalys

Gold spot Intraday: intraday support around 1068.

Pivot: 1068

Our preference: long positions above 1068 with targets @ 1074 1077 in extension.

Alternative scenario: below 1068 look for further downside with 1064 1059 as targets.

Comment: a support base at 1068 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1081.5

1077

1074

1072.6801 Last

1068

1064

1059

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