Gold Intraday: the bias remains bullish.
Pivot:
1919.00
Our preference:
Long positions above 1919.00 with targets at 1930.00 & 1935.00 in extension.
Alternative scenario:
Below 1919.00 look for further downside with 1913.00 & 1906.00 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.