Gold Intraday: the bias remains bullish.
Pivot: 2070.00
Our preference: long positions above 2070.00 with targets at 2103.00 & 2115.00 in extension.
Alternative scenario: below 2070.00 look for further downside with 2050.00 & 2035.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
2130.00
2115.00
2103.00
2087.27 Last
2070.00
2050.00
2035.00
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