Gold Intraday: bullish bias above 1935.00.
Pivot:
1935.00
Our preference:
Long positions above 1935.00 with targets at 1949.00 & 1954.00 in extension.
Alternative scenario:
Below 1935.00 look for further downside with 1929.00 & 1924.00 as targets.
Comment:
The RSI calls for a rebound.