Gold Intraday: key resistance at 1842.00.
Pivot:
1842.00
Our preference:
Short positions below 1842.00 with targets at 1829.00 & 1824.00 in extension.
Alternative scenario:
Above 1842.00 look for further upside with 1847.00 & 1853.00 as targets.
Comment:
The RSI is mixed with a bearish bias.