Gold Intraday: watch 3408.00.
Pivot:
3350.00
Our preference:
Long positions above 3350.00 with targets at 3392.00 & 3408.00 in extension.
Alternative scenario:
Below 3350.00 look for further downside with 3333.00 & 3316.00 as targets.
Comment:
The RSI calls for a bounce.