Gold Intraday: bullish bias above 3048.00.
Pivot:
3048.00
Our preference:
Long positions above 3048.00 with targets at 3115.00 & 3136.00 in extension.
Alternative scenario:
Below 3048.00 look for further downside with 3018.00 & 2994.00 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.