Gold Intraday: consolidation.
Pivot:
2664.00
Our preference:
Short positions below 2664.00 with targets at 2632.00 & 2624.00 in extension.
Alternative scenario:
Above 2664.00 look for further upside with 2675.00 & 2690.00 as targets.
Comment:
As long as 2664.00 is resistance, look for choppy price action with a bearish bias.