Gold Intraday: the downside prevails.
Gold (XAU/USD)+9.93+0.22%
short positions below 4808 with targets at 4767 & 4735 in extension.

Pivot: 4808
Our preference: short positions below 4808 with targets at 4767 & 4735 in extension.
Alternative scenario: above 4808 look for further upside with 4832 & 4855 as targets.
Comment: the break below 4808 is a negative signal that has opened a path to 4767.
Supports and resistances:
4855
4832
4808
4785 Last
4767
4735
4700
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.