Gold Intraday: consolidation.
Pivot:
1937.00
Our preference:
Short positions below 1937.00 with targets at 1926.00 & 1921.00 in extension.
Alternative scenario:
Above 1937.00 look for further upside with 1942.00 & 1947.00 as targets.
Comment:
The RSI is bearish and calls for further decline.