Gold Intraday: the downside prevails.
Pivot:
1901.00
Our preference:
Short positions below 1901.00 with targets at 1886.00 & 1880.00 in extension.
Alternative scenario:
Above 1901.00 look for further upside with 1906.00 & 1911.00 as targets.
Comment:
The RSI is bearish and calls for further decline.