Gold Intraday: bullish bias above 1978.00.
Pivot:
1978.00
Our preference:
Long positions above 1978.00 with targets at 2003.00 & 2009.00 in extension.
Alternative scenario:
Below 1978.00 look for further downside with 1971.00 & 1964.00 as targets.
Comment:
The RSI is mixed with a bullish bias.
