Gold Intraday: bullish bias above 1929.00.
Pivot:
1929.00
Our preference:
Long positions above 1929.00 with targets at 1939.00 & 1945.00 in extension.
Alternative scenario:
Below 1929.00 look for further downside with 1923.00 & 1918.00 as targets.
Comment:
The RSI calls for a rebound.