Gold Intraday: consolidation in place.
Pivot:
1800.00
Our preference:
Short positions below 1800.00 with targets at 1782.00 & 1775.00 in extension.
Alternative scenario:
Above 1800.00 look for further upside with 1808.00 & 1816.00 as targets.
Comment:
The RSI is bearish and calls for further decline.
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