Gold Intraday: the downside prevails.
Pivot:
4150.00
Our preference:
Short positions below 4150.00 with targets at 3990.00 & 3945.00 in extension.
Alternative scenario:
Above 4150.00 look for further upside with 4195.00 & 4245.00 as targets.
Comment:
The RSI has broken down its 30 level.
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