Gold Intraday: rebound expected.
Pivot:
3014.00
Our preference:
Long positions above 3014.00 with targets at 3029.00 & 3037.00 in extension.
Alternative scenario:
Below 3014.00 look for further downside with 3008.00 & 3002.00 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.