Gold Intraday: the downside prevails.

Pivot: 3675.00

Our preference: short positions below 3675.00 with targets at 3630.00 & 3614.00 in extension.

Alternative scenario: above 3675.00 look for further upside with 3688.00 & 3700.00 as targets.

Comment: investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances:

3700.00

3688.00

3675.00

3667.53 Last

3630.00

3614.00

3600.00