Gold Intraday: choppy.
Pivot:
2872.00
Our preference:
Short positions below 2872.00 with targets at 2842.00 & 2834.00 in extension.
Alternative scenario:
Above 2872.00 look for further upside with 2887.00 & 2900.00 as targets.
Comment:
The RSI is bearish and calls for further decline.