Tanalys

Gold spot Intraday: range.

Pivot: 1186

Our preference: Long positions above 1186 with targets @ 1207.85 1221 in extension.

Alternative scenario: Below 1186 look for further downside with 1175 1168 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

1236

1221

1207.85

1197.15 Last

1186

1175

1168

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