Gold Intraday: the downside prevails.
Pivot:
1789.00
Our preference:
Short positions below 1789.00 with targets at 1775.00 & 1770.00 in extension.
Alternative scenario:
Above 1789.00 look for further upside with 1795.00 & 1800.00 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.
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