Gold Intraday: the downside prevails.
Pivot:
3310.00
Our preference:
Short positions below 3310.00 with targets at 3260.00 & 3230.00 in extension.
Alternative scenario:
Above 3310.00 look for further upside with 3327.00 & 3341.00 as targets.
Comment:
The RSI is bearish and calls for further decline.