Gold Intraday: key resistance at 1843.00.
Pivot:
1843.00
Our preference:
Short positions below 1843.00 with targets at 1824.00 & 1817.00 in extension.
Alternative scenario:
Above 1843.00 look for further upside with 1850.00 & 1859.00 as targets.
Comment:
As long as the resistance at 1843.00 is not surpassed, the risk of the break below 1824.00 remains high.