Tanalys

GOLD (Spot) intraday: key ST resistance at 1342

Pivot: 1342.00

Our preference: SHORT positions below 1342 with 1319 1297 in sight.

Alternative scenario: The upside breakout of 1342 will open the way to 1356 1368.

Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1368** Intraday resistance

1356** Intraday resistance

1342*** Intraday pivot point

1322.4 Last

1319** Intraday support

1297** Intraday support

1274** Intraday support

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