Gold Intraday: bullish bias above 1783.00.
Pivot:
1783.00
Our preference:
Long positions above 1783.00 with targets at 1798.00 & 1805.00 in extension.
Alternative scenario:
Below 1783.00 look for further downside with 1774.00 & 1765.00 as targets.
Comment:
The RSI calls for a bounce.