Gold Intraday: under pressure.
Pivot:
1637.00
Our preference:
Short positions below 1637.00 with targets at 1620.00 & 1614.00 in extension.
Alternative scenario:
Above 1637.00 look for further upside with 1645.00 & 1654.00 as targets.
Comment:
The RSI shows downside momentum.
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