Gold Intraday: the upside prevails.
Pivot:
1947.00
Our preference:
Long positions above 1947.00 with targets at 1965.00 & 1972.00 in extension.
Alternative scenario:
Below 1947.00 look for further downside with 1941.00 & 1933.00 as targets.
Comment:
The RSI is bullish and calls for further upside.