Gold Intraday: bullish bias above 2912.00.
Pivot:
2912.00
Our preference:
Long positions above 2912.00 with targets at 2940.00 & 2950.00 in extension.
Alternative scenario:
Below 2912.00 look for further downside with 2906.00 & 2893.00 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.