Gold Intraday: the downside prevails.

Pivot: 3352.00

Our preference: short positions below 3352.00 with targets at 3316.00 & 3300.00 in extension.

Alternative scenario: above 3352.00 look for further upside with 3373.00 & 3389.00 as targets.

Comment: as long as 3352.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

3389.00

3373.00

3352.00

3332.00 Last

3316.00

3300.00

3280.00