Gold Intraday: under pressure.
Pivot:
3412.00
Our preference:
Short positions below 3412.00 with targets at 3375.00 & 3360.00 in extension.
Alternative scenario:
Above 3412.00 look for further upside with 3430.00 & 3450.00 as targets.
Comment:
The RSI has just struck against its neutrality area at 50%.