Gold Intraday: continuation of the rebound.
Pivot:
1983.00
Our preference:
Long positions above 1983.00 with targets at 1998.00 & 2004.00 in extension.
Alternative scenario:
Below 1983.00 look for further downside with 1977.00 & 1972.00 as targets.
Comment:
The RSI is bullish and calls for further upside.