Tanalys

Gold spot Intraday: intraday support around 1193.

Pivot: 1193

Our preference: Long positions above 1193 with targets @ 1211 1222 in extension.

Alternative scenario: Below 1193 look for further downside with 1181.5 1169 as targets.

Comment: The RSI is supported by a bullish trend line.

Supports and resistances:

1236 **

1222 ***

1211 **

1200.76 Last

1193 ***

1181.5 *

1169 *

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