Gold Intraday: continuation of the rebound.
Pivot:
1952.00
Our preference:
Long positions above 1952.00 with targets at 1979.00 & 1992.00 in extension.
Alternative scenario:
Below 1952.00 look for further downside with 1945.00 & 1935.00 as targets.
Comment:
The RSI is bullish and calls for further upside.