Tanalys

GOLD (Spot) intraday: target 1384

Pivot: 1367.00

Our preference: LONG positions above 1367 with targets @ 1384 1394.

Alternative scenario: The downside penetration of 1367 will call for a slide towards 1359 1352.

Comment: the RSI is above its neutrality area at 50%.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1404** Fib projection

1394** Intraday resistance

1384** Intraday resistance

1376.09 Last

1367** Intraday pivot point

1359** Intraday support

1352*** Intraday support

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