Tanalys

Gold spot Intraday: key resistance at 1291.

Pivot: 1291

Our preference: Short positions below 1291 with targets @ 1280 1274 in extension.

Alternative scenario: Above 1291 look for further upside with 1296 1302 as targets.

Comment: The RSI is mixed with a bearish bias.

Supports and resistances:

1302

1296

1291

1289 Last

1280

1274

1268

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