GOLD NY SESSION UPDATE
Gold Intraday: the downside prevails.
Pivot:
2421.00
Our preference:
Short positions below 2421.00 with targets at 2400.00 & 2392.00 in extension.
Alternative scenario:
Above 2421.00 look for further upside with 2429.00 & 2440.00 as targets.
Comment:
The RSI is bearish and calls for further decline
Pivot:
2421.00
Our preference:
Short positions below 2421.00 with targets at 2400.00 & 2392.00 in extension.
Alternative scenario:
Above 2421.00 look for further upside with 2429.00 & 2440.00 as targets.
Comment:
The RSI is bearish and calls for further decline
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