Gold Intraday: expect 1950.00.
Pivot:
1972.00
Our preference:
Short positions below 1972.00 with targets at 1958.00 & 1950.00 in extension.
Alternative scenario:
Above 1972.00 look for further upside with 1979.00 & 1987.00 as targets.
Comment:
A break below 1958.00 would trigger a drop towards 1950.00.