Gold Intraday: key resistance at 1812.00.
Pivot:
1812.00
Our preference:
Short positions below 1812.00 with targets at 1796.00 & 1790.00 in extension.
Alternative scenario:
Above 1812.00 look for further upside with 1818.00 & 1824.00 as targets.
Comment:
As long as 1812.00 is resistance, look for choppy price action with a bearish bias.