New Target! Gold Intraday: the downside prevails.

Pivot: 1817.00

Our preference: short positions below 1817.00 with targets at 1801.00 & 1793.00 in extension.

Alternative scenario: above 1817.00 look for further upside with 1822.00 & 1827.00 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

1827.00

1822.00

1817.00

1807.00 Last

1801.00

1793.00

1784.00