Gold Intraday: continuation of the rebound.
Pivot:
1970.00
Our preference:
Long positions above 1970.00 with targets at 1985.00 & 1993.00 in extension.
Alternative scenario:
Below 1970.00 look for further downside with 1963.00 & 1957.00 as targets.
Comment:
The RSI calls for a bounce.