Gold Intraday: under pressure.
Pivot: 2176.00
Our preference: short positions below 2176.00 with targets at 2161.00 & 2156.00 in extension.
Alternative scenario: above 2176.00 look for further upside with 2181.00 & 2187.00 as targets.
Comment: as long as the resistance at 2176.00 is not surpassed, the risk of the break below 2161.00 remains high.
Supports and resistances:
2187.00
2181.00
2176.00
2168.99 Last
2161.00
2156.00
2150.00
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