GOLD NY SESSION UPDATE

Gold Intraday: intraday support around 2380.00.

Pivot:
2380.00

Our preference:
Long positions above 2380.00 with targets at 2403.00 & 2415.00 in extension.

Alternative scenario:
Below 2380.00 look for further downside with 2365.00 & 2353.00 as targets.

Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited