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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