Gold Intraday: under pressure.
Pivot:
1887.00
Our preference:
Short positions below 1887.00 with targets at 1850.00 & 1841.00 in extension.
Alternative scenario:
Above 1887.00 look for further upside with 1896.00 & 1909.00 as targets.
Comment:
As long as 1887.00 is resistance, likely decline to 1850.00.
