Gold Intraday: under pressure.


Pivot: 1985.00
Our preference: short positions below 1985.00 with targets at 1969.00 & 1963.00 in extension.
Alternative scenario: above 1985.00 look for further upside with 1993.00 & 2001.00 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
2001.00
1993.00
1985.00
1976.00 Last
1969.00
1963.00
1959.00
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