Gold Intraday: under pressure.
Pivot:
1935.00
Our preference:
Short positions below 1935.00 with targets at 1920.00 & 1915.00 in extension.
Alternative scenario:
Above 1935.00 look for further upside with 1940.00 & 1945.00 as targets.
Comment:
As long as the resistance at 1935.00 is not surpassed, the risk of the break below 1920.00 remains high.