Gold Intraday: bullish bias above 1994.00.
Pivot:
1994.00
Our preference:
Long positions above 1994.00 with targets at 2012.00 & 2020.00 in extension.
Alternative scenario:
Below 1994.00 look for further downside with 1988.00 & 1981.00 as targets.
Comment:
The RSI is mixed with a bullish bias.