Gold Intraday: aim @ 4480.
Pivot:
4580
Our preference:
Short positions below 4580 with targets at 4520 & 4480 in extension.
Alternative scenario:
Above 4580 look for further upside with 4610 & 4635 as targets.
Comment:
As long as the resistance at 4580 is not surpassed, the risk of the break below 4520 remains high.
