Gold Intraday: bullish bias above 1954.00.
Pivot:
1954.00
Our preference:
Long positions above 1954.00 with targets at 1974.00 & 1983.00 in extension.
Alternative scenario:
Below 1954.00 look for further downside with 1947.00 & 1939.00 as targets.
Comment:
The RSI is bullish and calls for further advance.