Gold Intraday: key resistance at 4165.

Gold (XAU/USD)
-10.23-0.25%
short positions below 4165 with targets at 4125 & 4100 in extension.
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Pivot: 4165

Our preference: short positions below 4165 with targets at 4125 & 4100 in extension.

Alternative scenario: above 4165 look for further upside with 4200 & 4230 as targets.

Comment: the upward potential is likely to be limited by the resistance at 4165.

Supports and resistances:
4230 **
4200 **
4165 ***
4159 Last
4125 ***
4100 **
4075 **

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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