Gold Intraday: the downside prevails.
Pivot: 1970.00
Our preference: short positions below 1970.00 with targets at 1945.00 & 1935.00 in extension.
Alternative scenario: above 1970.00 look for further upside with 1983.00 & 1990.00 as targets.
Comment: the break below 1970.00 is a negative signal that has opened a path to 1945.00.
Supports and resistances:
1990.00
1983.00
1970.00
1956.20 Last
1945.00
1935.00
1919.00
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