Gold Intraday: the bias remains bullish.

Pivot: 3320.00

Our preference: long positions above 3320.00 with targets at 3350.00 & 3365.00 in extension.

Alternative scenario: below 3320.00 look for further downside with 3307.00 & 3292.00 as targets.

Comment: the immediate trend remains up but the momentum is weak.

Supports and resistances:

3378.00

3365.00

3350.00

3338.64 Last

3320.00

3307.00

3292.00