Gold (CME) (J1) Intraday: target 1788.00.
Pivot: 1815.00
Our preference: short positions below 1815.00 with targets at 1794.00 & 1788.00 in extension.
Alternative scenario: above 1815.00 look for further upside with 1827.00 & 1835.75 as targets.
Comment: as long as 1815.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1835.75
1827.00
1815.00
1803.20 Last
1794.00
1788.00
1778.00

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