Gold Intraday: the downside prevails.
Pivot:
1952.00
Our preference:
Short positions below 1952.00 with targets at 1939.00 & 1933.00 in extension.
Alternative scenario:
Above 1952.00 look for further upside with 1958.00 & 1964.00 as targets.
Comment:
The RSI calls for a new downleg.