Tanalys

Gold spot Intraday: key resistance at 1337.

Pivot: 1337

Our preference: Short positions below 1337 with targets @ 1319 1312 in extension.

Alternative scenario: Above 1337 look for further upside with 1347 1355 as targets.

Comment: as long as 1337 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1355

1347

1337

1333 Last

1319

1312

1308

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