Gold Intraday: the downside prevails.
Pivot:
1829.00
Our preference:
Short positions below 1829.00 with targets at 1818.00 & 1813.00 in extension.
Alternative scenario:
Above 1829.00 look for further upside with 1834.00 & 1839.00 as targets.
Comment:
As long as the resistance at 1829.00 is not surpassed, the risk of the break below 1818.00 remains high.