Gold Intraday: watch 3470.00.
Pivot:
3395.00
Our preference:
Long positions above 3395.00 with targets at 3470.00 & 3500.00 in extension.
Alternative scenario:
Below 3395.00 look for further downside with 3370.00 & 3350.00 as targets.
Comment:
The RSI is bullish and calls for further upside.