Our Preference: SHORT positions below 1714 with targets @ 1704 & 1699.
Alternative scenario: The upside penetration of 1714 will call for 1730 & 1738.
Comment: as long as 1714 is resistance, likely decline to 1704.
GOLD (Spot) intraday: the downside prevails.
Pivot: 1714.00
Our Preference: SHORT positions below 1714 with targets @ 1704 & 1699.
Alternative scenario: The upside penetration of 1714 will call for 1730 & 1738.
Comment: as long as 1714 is resistance, likely decline to 1704.
Our Preference: SHORT positions below 1714 with targets @ 1704 & 1699.
Alternative scenario: The upside penetration of 1714 will call for 1730 & 1738.
Comment: as long as 1714 is resistance, likely decline to 1704.
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