Gold Intraday: consolidation in place.
Gold (XAU/USD)-58.69-1.17%
short positions below 5025 with targets at 4965 & 4945 in extension.

Pivot: 5025
Our preference: short positions below 5025 with targets at 4965 & 4945 in extension.
Alternative scenario: above 5025 look for further upside with 5044 & 5065 as targets.
Comment: as long as 5025 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
5065
5044
5025
4990 Last
4965
4945
4920
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