Gold Intraday: under pressure.
Pivot:
1711.00
Our preference:
Short positions below 1711.00 with targets at 1690.00 & 1684.00 in extension.
Alternative scenario:
Above 1711.00 look for further upside with 1719.00 & 1731.00 as targets.
Comment:
The RSI is bearish and calls for further downside.
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