Gold Intraday: the downside prevails.
Pivot:
3395.00
Our preference:
Short positions below 3395.00 with targets at 3285.00 & 3240.00 in extension.
Alternative scenario:
Above 3395.00 look for further upside with 3430.00 & 3465.00 as targets.
Comment:
The RSI has broken down its 30 level.