Gold Intraday: bullish bias above 1950.00.
Pivot:
1950.00
Our preference:
Long positions above 1950.00 with targets at 1965.00 & 1970.00 in extension.
Alternative scenario:
Below 1950.00 look for further downside with 1944.00 & 1938.00 as targets.
Comment:
The RSI is above its neutrality area at 50%.