Gold Intraday: bounce.
Pivot:
1965.00
Our preference:
Long positions above 1965.00 with targets at 1979.00 & 1985.00 in extension.
Alternative scenario:
Below 1965.00 look for further downside with 1959.00 & 1953.00 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.