Gold Intraday: choppy.
Pivot:
1996.00
Our preference:
Short positions below 1996.00 with targets at 1980.00 & 1973.00 in extension.
Alternative scenario:
Above 1996.00 look for further upside with 2003.00 & 2009.00 as targets.
Comment:
As long as 1996.00 is resistance, look for choppy price action with a bearish bias.