Gold Intraday: look for 4100.

Gold (XAU/USD)
+66.70+1.66%
long positions above 3985 with targets at 4070 & 4100 in extension.
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Pivot: 3985

Our preference: long positions above 3985 with targets at 4070 & 4100 in extension.

Alternative scenario: below 3985 look for further downside with 3960 & 3940 as targets.

Comment: the next resistances are at 4070 and then at 4100.

Supports and resistances:
4140 **
4100 **
4070 ***
4053 Last
3985 ***
3960 ***
3940 *

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.
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