Gold Intraday: the bias remains bullish.
Pivot:
4070.00
Our preference:
Long positions above 4070.00 with targets at 4160.00 & 4215.00 in extension.
Alternative scenario:
Below 4070.00 look for further downside with 4010.00 & 3945.00 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.




























