Gold Intraday: watch 1927.00.
Pivot:
1948.00
Our preference:
Short positions below 1948.00 with targets at 1934.00 & 1927.00 in extension.
Alternative scenario:
Above 1948.00 look for further upside with 1954.00 & 1960.00 as targets.
Comment:
The RSI is bearish and calls for further downside.