Tanalys

Gold spot Intraday: key resistance at 1207.9.

Pivot: 1207.9

Our preference: Short positions below 1207.9 with targets @ 1186 1175 in extension.

Alternative scenario: Above 1207.9 look for further upside with 1221 1236 as targets.

Comment: As long as 1207.9 is resistance, likely decline to 1186.

Supports and resistances:

1236

1221

1207.9

1194.75 Last

1186

1175

1168

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