Gold Intraday: bullish bias above 1995.00.
Pivot:
1995.00
Our preference:
Long positions above 1995.00 with targets at 2014.00 & 2021.00 in extension.
Alternative scenario:
Below 1995.00 look for further downside with 1988.00 & 1981.00 as targets.
Comment:
The RSI calls for a bounce.