Tanalys

Gold spot MT: caution

Our preference: a break above 1345 would call for a rise towards 1390.

Alternative scenario: below 1345, the risk is a drop towards 1180 and 1155.

Comment: The RSI is around its neutrality area at 50% Outlook to remain neutral until an outbreak occur.

Trend: ST consolidation; MT range.

Supports and resistances:

1434

1390

1345

1298 Last

1240

1180

1155

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