Gold Intraday: under pressure.
Gold (XAU/USD)-19.48-0.77%
short positions below 2350.00 with targets at 2320.00 & 2304.00 in extension.
![image](https://resource.mistorebox.com/pmsync/images/strategy/20240524/169_20240524033256.gif)
Pivot: 2350.00
Our preference: short positions below 2350.00 with targets at 2320.00 & 2304.00 in extension.
Alternative scenario: above 2350.00 look for further upside with 2370.00 & 2384.00 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
2384.00
2370.00
2350.00
2333.63 Last
2320.00
2304.00
2285.00
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