Tanalys

Gold (spot) Intraday: the downside prevails.

Pivot: 1252

Our preference: Short positions below 1252 with targets @ 1212 1194 in extension.

Alternative scenario: Above 1252 look for further upside with 1279 1294 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:

1294

1279

1252

1226 Last

1212

1194

1180

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