Gold Intraday: under pressure.
Pivot:
3206.00
Our preference:
Short positions below 3206.00 with targets at 3155.00 & 3130.00 in extension.
Alternative scenario:
Above 3206.00 look for further upside with 3220.00 & 3242.00 as targets.
Comment:
The RSI is below its neutrality area at 50%