Tanalys

Gold spot intraday: up turn.

Pivot: 1202.00

Our preference: LONG positions above 1202 with 1227 1245 as next targets.

Alternative scenario: The downside breakout of 1202 will open the way to 1187 1167.

Comment: the RSI is mixed with a bullish bias.

Trend: ST Ltd downside; MT Ltd downside

Key levels Comment

1266** Intraday resistance

1245** Intraday resistance

1227** Intraday resistance

1213.8 Last

1202** Intraday pivot point

1187** Intraday support

1167** Intraday support

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