Gold Intraday: look for 1850.00.
Pivot:
1881.00
Our preference:
Short positions below 1881.00 with targets at 1860.00 & 1850.00 in extension.
Alternative scenario:
Above 1881.00 look for further upside with 1896.00 & 1909.00 as targets.
Comment:
The RSI is bearish and calls for further downside.