GOLD NY Session Update
Gold Intraday: under pressure.
Pivot:
2403.00
Our preference:
Short positions below 2403.00 with targets at 2378.00 & 2365.00 in extension.
Alternative scenario:
Above 2403.00 look for further upside with 2417.00 & 2431.00 as targets.
Comment:
As long as 2403.00 is resistance, look for choppy price action with a bearish bias.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.