Gold Intraday: key resistance at 2860.00.
Pivot:
2860.00
Our preference:
Short positions below 2860.00 with targets at 2840.00 & 2830.00 in extension.
Alternative scenario:
Above 2860.00 look for further upside with 2869.00 & 2882.00 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 2860.00.