Tanalys

Gold spot Intraday: key resistance at 1075.5.

Pivot: 1075.5

Our preference: Short positions below 1075.5 with targets @ 1066 1063.5 in extension.

Alternative scenario: Above 1075.5 look for further upside with 1079 1084 as targets.

Comment: As long as 1075.5 is resistance, likely decline to 1066.

Supports and resistances:

1084

1079

1075.5

1069.2 Last

1066

1063.5

1061

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