Gold Intraday: under pressure.
Pivot:
1770.00
Our preference:
Short positions below 1770.00 with targets at 1752.00 & 1746.00 in extension.
Alternative scenario:
Above 1770.00 look for further upside with 1779.00 & 1786.00 as targets.
Comment:
The break below 1770.00 is a negative signal that has opened a path to 1752.00.
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