Gold Intraday: target 1720.00.
Pivot:
1743.00
Our preference:
Short positions below 1743.00 with targets at 1727.00 & 1720.00 in extension.
Alternative scenario:
Above 1743.00 look for further upside with 1749.00 & 1756.00 as targets.
Comment:
The RSI is bearish and calls for further downside.
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