GOLD NY Session Update

Gold Intraday: under pressure.

Pivot:
2403.00

Our preference:
Short positions below 2403.00 with targets at 2378.00 & 2365.00 in extension.

Alternative scenario:
Above 2403.00 look for further upside with 2417.00 & 2431.00 as targets.

Comment:
As long as 2403.00 is resistance, look for choppy price action with a bearish bias.