Tanalys

GOLD (Spot) intraday: key ST resistance at 1371

Pivot: 1371.00

Our preference: SHORT positions below 1371 with targets @ 1347 1335.

Alternative scenario: The upside penetration of 1371 will call for a rebound towards 1379 1393.

Comment: as long as 1371 is resistance, likely decline to 1347.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1393** Intraday resistance

1379** Intraday resistance

1371*** Intraday pivot point

1365.3 Last

1347** Intraday support

1335** Intraday support

1330** Intraday support

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