Gold Intraday: look for 1640.00.
Pivot:
1679.00
Our preference:
Short positions below 1679.00 with targets at 1650.00 & 1640.00 in extension.
Alternative scenario:
Above 1679.00 look for further upside with 1690.00 & 1700.00 as targets.
Comment:
The RSI shows downside momentum.
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