Gold Intraday: key resistance at 1924.00.
Pivot:
1924.00
Our preference:
Short positions below 1924.00 with targets at 1912.00 & 1907.00 in extension.
Alternative scenario:
Above 1924.00 look for further upside with 1932.00 & 1937.00 as targets.
Comment:
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.