Tanalys

GOLD (Spot) intraday: key ST resistance at 1353

Pivot: 1353.00

Our preference: SHORT positions below 1353 with 1328 1317 as next targets.

Alternative scenario: The upside penetration of 1353 will call for 1362 1374.

Comment: the RSI is mixed.

Trend: ST Bearish; MT Bearish

Key levels Comment

1374** Intraday resistance

1362** Intraday resistance

1353*** Intraday pivot point

1344.64 Last

1328** Intraday support

1317** Intraday support

1309** Intraday support

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