Gold Intraday: intraday support around 1927.00.
Pivot: 1927.00
Our preference: long positions above 1927.00 with targets at 1937.00 & 1942.00 in extension.
Alternative scenario: below 1927.00 look for further downside with 1921.00 & 1916.00 as targets.
Comment: the RSI is mixed and calls for caution.
Supports and resistances:
1947.00
1942.00
1937.00
1928.40 Last
1927.00
1921.00
1916.00
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