Tanalys

Gold spot MT: consolidation in place.

Pivot: 1345

Our preference: Short positions below 1345 with targets @ 1240 1180 in extension.

Alternative scenario: Above 1345 look for further upside with 1390 1434 as targets.

Comment: The RSI is mixed. Outlook to remain neutral until an outbreak occur.

Supports and resistances:

1434

1390

1345

1300 Last

1240

1180

1155

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