Gold Intraday: the downside prevails.

Pivot: 3662.00

Our preference: short positions below 3662.00 with targets at 3630.00 & 3614.00 in extension.

Alternative scenario: above 3662.00 look for further upside with 3678.00 & 3695.00 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:

3695.00

3678.00

3662.00

3639.24 Last

3630.00

3614.00

3600.00