Gold Intraday: towards 1999.00.
Pivot:
2025.00
Our preference:
Short positions below 2025.00 with targets at 2008.00 & 1999.00 in extension.
Alternative scenario:
Above 2025.00 look for further upside with 2031.00 & 2041.00 as targets.
Comment:
The RSI is bearish and calls for further downside.