Gold Intraday: expect 1930.00.
Pivot:
1918.00
Our preference:
Long positions above 1918.00 with targets at 1930.00 & 1935.00 in extension.
Alternative scenario:
Below 1918.00 look for further downside with 1914.00 & 1909.00 as targets.
Comment:
A support base at 1918.00 has formed and has allowed for a temporary stabilisation.