Gold Intraday: choppy.
Pivot:
1863.00
Our preference:
Short positions below 1863.00 with targets at 1848.00 & 1843.00 in extension.
Alternative scenario:
Above 1863.00 look for further upside with 1871.00 & 1878.00 as targets.
Comment:
As long as 1863.00 is resistance, look for choppy price action with a bearish bias.