Gold Intraday: towards 1646.00.
Pivot:
1677.00
Our preference:
Short positions below 1677.00 with targets at 1654.00 & 1646.00 in extension.
Alternative scenario:
Above 1677.00 look for further upside with 1688.00 & 1698.00 as targets.
Comment:
The RSI is bearish and calls for further downside.
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