Gold Intraday: under pressure.
Pivot:
1875.00
Our preference:
Short positions below 1875.00 with targets at 1852.00 & 1844.00 in extension.
Alternative scenario:
Above 1875.00 look for further upside with 1883.00 & 1890.00 as targets.
Comment:
The RSI is bearish and calls for further decline.