Gold Intraday: intraday support around 3350.00.
Pivot:
3350.00
Our preference:
Long positions above 3350.00 with targets at 3366.00 & 3372.00 in extension.
Alternative scenario:
Below 3350.00 look for further downside with 3340.00 & 3331.00 as targets.
Comment:
A support base at 3350.00 has formed and has allowed for a temporary stabilisation.