Gold Intraday: consolidation in place.
Pivot:
3417.00
Our preference:
Short positions below 3417.00 with targets at 3354.00 & 3322.00 in extension.
Alternative scenario:
Above 3417.00 look for further upside with 3437.00 & 3460.00 as targets.
Comment:
The RSI shows downside momentum.