Gold Intraday: under pressure.
Pivot:
1930.00
Our preference:
Short positions below 1930.00 with targets at 1900.00 & 1885.00 in extension.
Alternative scenario:
Above 1930.00 look for further upside with 1940.00 & 1949.00 as targets.
Comment:
The RSI has broken down its 30 level.