Gold Intraday: towards 1778.00.
Pivot:
1794.00
Our preference:
Short positions below 1794.00 with targets at 1783.00 & 1778.00 in extension.
Alternative scenario:
Above 1794.00 look for further upside with 1799.00 & 1804.00 as targets.
Comment:
The RSI advocates for further decline.