Gold Intraday: key resistance at 2030.00.
Pivot:
2030.00
Our preference:
Short positions below 2030.00 with targets at 2008.00 & 1999.00 in extension.
Alternative scenario:
Above 2030.00 look for further upside with 2044.00 & 2059.00 as targets.
Comment:
As long as the resistance at 2030.00 is not surpassed, the risk of the break below 2008.00 remains high.