Gold Intraday: look for 1764.00.
Pivot:
1783.00
Our preference:
Short positions below 1783.00 with targets at 1771.00 & 1764.00 in extension.
Alternative scenario:
Above 1783.00 look for further upside with 1792.00 & 1798.00 as targets.
Comment:
The RSI is bearish and calls for further downside.
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