Gold Intraday: under pressure.
Pivot:
1963.00
Our preference:
Short positions below 1963.00 with targets at 1946.00 & 1940.00 in extension.
Alternative scenario:
Above 1963.00 look for further upside with 1968.00 & 1973.00 as targets.
Comment:
The RSI is bearish and calls for further downside.