Tanalys

Gold spot ST: the bias remains bullish.

Pivot: 1130

Our preference: Long positions above 1130 with targets @ 1224 1255 in extension.

Alternative scenario: Below 1130 look for further downside with 1085 1050 as targets.

Comment: The RSI is mixed.

Supports and resistances:

1309 **

1255 *

1224 *

1187.44 Last

1130 ***

1085 *

1050 *

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