Tanalys

GOLD (Spot) intraday: key ST resistance at 1327

Pivot: 1327.00

Our preference: SHORT positions below 1327 with 1290 1270 in sight.

Alternative scenario: The upside breakout of 1327 will open the way to 1337 1348.

Comment: as long as 1327 is resistance, likely decline to 1290.

Trend: ST Bullish; MT Range

Key levels Comment

1348** Intraday resistance

1337** Intraday resistance

1327** Intraday pivot point

1308.8 Last

1290** Intraday support

1270** Intraday support

1252** Intraday support

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