Gold Intraday: key resistance at 1916.00.
Pivot:
1916.00
Our preference:
Short positions below 1916.00 with targets at 1901.00 & 1891.00 in extension.
Alternative scenario:
Above 1916.00 look for further upside with 1922.00 & 1929.00 as targets.
Comment:
As long as the resistance at 1916.00 is not surpassed, the risk of the break below 1901.00 remains high.