Gold Intraday: choppy.
Pivot:
2038.00
Our preference:
Short positions below 2038.00 with targets at 2022.00 & 2017.00 in extension.
Alternative scenario:
Above 2038.00 look for further upside with 2043.00 & 2048.00 as targets.
Comment:
As long as 2038.00 is resistance, look for choppy price action with a bearish bias.