Gold intraday: key resistance at 4365.
Pivot:
4365
Our preference:
Short positions below 4365 with targets at 4305 & 4260 in extension.
Alternative scenario:
Above 4365 look for further upside with 4400 & 4430 as targets.
Comment:
As long as the resistance at 4365 is not surpassed, the risk of the break below 4305 remains high.
