Gold Intraday: consolidation.
Pivot: 2044.00
Our preference: short positions below 2044.00 with targets at 2032.00 & 2025.00 in extension.
Alternative scenario: above 2044.00 look for further upside with 2052.00 & 2060.00 as targets.
Comment: as long as 2044.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2060.00
2052.00
2044.00
2038.00 Last
2032.00
2025.00
2018.00
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