Gold Intraday: continuation of the rebound.
Pivot:
1958.00
Our preference:
Long positions above 1958.00 with targets at 1971.00 & 1976.00 in extension.
Alternative scenario:
Below 1958.00 look for further downside with 1953.00 & 1948.00 as targets.
Comment:
The RSI is bullish and calls for further upside.