Gold Intraday: rebound in sight.
Pivot:
1902.00
Our preference:
Long positions above 1902.00 with targets at 1915.00 & 1920.00 in extension.
Alternative scenario:
Below 1902.00 look for further downside with 1898.00 & 1893.00 as targets.
Comment:
The RSI is bullish and calls for further upside.