Gold Intraday: towards 2771.00.
Pivot:
2806.00
Our preference:
Short positions below 2806.00 with targets at 2780.00 & 2771.00 in extension.
Alternative scenario:
Above 2806.00 look for further upside with 2817.00 & 2825.00 as targets.
Comment:
The RSI is bearish and calls for further decline.