Gold Intraday: under pressure.
Pivot:
1972.00
Our preference:
Short positions below 1972.00 with targets at 1955.00 & 1948.00 in extension.
Alternative scenario:
Above 1972.00 look for further upside with 1977.00 & 1982.00 as targets.
Comment:
The RSI has broken down its 30 level.