Gold Intraday: key resistance at 2416.00

Pivot: 2416.00
Our preference: short positions below 2416.00 with targets at 2401.00 & 2394.00 in extension.
Alternative scenario: above 2416.00 look for further upside with 2425.00 & 2434.00 as targets.
Comment: as long as 2416.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2434.00
2425.00
2416.00
2409.00 Last
2401.00
2394.00
2386.00