Gold Intraday: the downside prevails.
Pivot:
1921.00
Our preference:
Short positions below 1921.00 with targets at 1910.00 & 1904.00 in extension.
Alternative scenario:
Above 1921.00 look for further upside with 1927.00 & 1932.00 as targets.
Comment:
As long as the resistance at 1921.00 is not surpassed, the risk of the break below 1910.00 remains high.