Gold Intraday: watch 1970.00.


Pivot: 1988.00
Our preference: short positions below 1988.00 with targets at 1970.00 & 1960.00 in extension.
Alternative scenario: above 1988.00 look for further upside with 1997.00 & 2010.00 as targets.
Comment: a break below 1970.00 would trigger a drop towards 1960.00.
Supports and resistances:
2010.00
1997.00
1988.00
1975.63 Last
1970.00
1960.00
1950.00
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