Gold Intraday: continuation of the rebound.
Pivot:
1938.00
Our preference:
Long positions above 1938.00 with targets at 1952.00 & 1958.00 in extension.
Alternative scenario:
Below 1938.00 look for further downside with 1933.00 & 1927.00 as targets.
Comment:
The RSI is bullish and calls for further upside.