Gold Intraday: target 1987.00.
Pivot:
1962.00
Our preference:
Long positions above 1962.00 with targets at 1979.00 & 1987.00 in extension.
Alternative scenario:
Below 1962.00 look for further downside with 1956.00 & 1948.00 as targets.
Comment:
The RSI is bullish and calls for further upside.