Gold Intraday: under pressure.
Pivot:
1921.00
Our preference:
Short positions below 1921.00 with targets at 1905.00 & 1898.00 in extension.
Alternative scenario:
Above 1921.00 look for further upside with 1927.00 & 1932.00 as targets.
Comment:
The RSI is bearish and calls for further decline.