Gold Intraday: the upside prevails.
Pivot:
3423.00
Our preference:
Long positions above 3423.00 with targets at 3476.00 & 3500.00 in extension.
Alternative scenario:
Below 3423.00 look for further downside with 3404.00 & 3384.00 as targets.
Comment:
The break above 3423.00 is a positive signal that has opened a path to 3476.00.