Gold Intraday: consolidation.
Pivot:
1989.00
Our preference:
Short positions below 1989.00 with targets at 1965.00 & 1955.00 in extension.
Alternative scenario:
Above 1989.00 look for further upside with 2000.00 & 2009.00 as targets.
Comment:
The RSI is mixed with a bearish bias.