Gold Intraday: watch 1949.00.
Pivot:
1927.00
Our preference:
Long positions above 1927.00 with targets at 1942.00 & 1949.00 in extension.
Alternative scenario:
Below 1927.00 look for further downside with 1921.00 & 1916.00 as targets.
Comment:
The RSI calls for a bounce.