Gold Intraday: further advance.

Pivot: 3332.00

Our preference: long positions above 3332.00 with targets at 3365.00 & 3380.00 in extension.

Alternative scenario: below 3332.00 look for further downside with 3320.00 & 3305.00 as targets.

Comment: a support base at 3332.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

3395.00

3380.00

3365.00

3348.47 Last

3332.00

3320.00

3305.00