Gold Intraday: bullish bias above 2005.00.
Pivot:
2005.00
Our preference:
Long positions above 2005.00 with targets at 2018.00 & 2025.00 in extension.
Alternative scenario:
Below 2005.00 look for further downside with 1997.00 & 1991.00 as targets.
Comment:
The RSI calls for a new upleg.