Tanalys

Gold spot MT: further advance.

Pivot: 1180

Our preference: Long positions above 1180 with targets @ 1255 1297 in extension.

Alternative scenario: Below 1180 look for further downside with 1125 1080 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

1350

1297

1255

1228.66 Last

1180

1125

1080

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