Gold Intraday: key resistance at 4115.
Gold (XAU/USD)-20.43-0.50%
short positions below 4115 with targets at 4075 & 4055 in extension.

Pivot: 4115
Our preference: short positions below 4115 with targets at 4075 & 4055 in extension.
Alternative scenario: above 4115 look for further upside with 4138 & 4164 as targets.
Comment: the upward potential is likely to be limited by the resistance at 4115.
Supports and resistances:
4164 **
4138 **
4115 **
4104 Last
4075 ***
4055 **
4040 ***
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