Gold Intraday: the downside prevails.
Pivot:
1861.00
Our preference:
Short positions below 1861.00 with targets at 1840.00 & 1830.00 in extension.
Alternative scenario:
Above 1861.00 look for further upside with 1867.00 & 1875.00 as targets.
Comment:
The RSI shows downside momentum.