Gold Intraday: under pressure.
Pivot:
3340.00
Our preference:
Short positions below 3340.00 with targets at 3310.00 & 3300.00 in extension.
Alternative scenario:
Above 3340.00 look for further upside with 3350.00 & 3365.00 as targets.
Comment:
As long as 3340.00 is resistance, likely decline to 3310.00.