Gold Intraday: the downside prevails.
Pivot:
3344.00
Our preference:
Short positions below 3344.00 with targets at 3323.00 & 3312.00 in extension.
Alternative scenario:
Above 3344.00 look for further upside with 3358.00 & 3366.00 as targets.
Comment:
As long as 3344.00 is resistance, look for choppy price action with a bearish bias.