Gold Intraday: key resistance at 3302.00.
Pivot:
3302.00
Our preference:
Short positions below 3302.00 with targets at 3260.00 & 3247.00 in extension.
Alternative scenario:
Above 3302.00 look for further upside with 3314.00 & 3333.00 as targets.
Comment:
As long as the resistance at 3302.00 is not surpassed, the risk of the break below 3260.00 remains high.