Gold Intraday: key resistance at 4030.
Gold (XAU/USD)+16.45+0.41%
short positions below 4030 with targets at 3985 & 3960 in extension.

Pivot: 4030
Our preference: short positions below 4030 with targets at 3985 & 3960 in extension.
Alternative scenario: above 4030 look for further upside with 4050 & 4080 as targets.
Comment: the index currently faces a challenging resistance area at 4030.
Supports and resistances:
4080 **
4050 **
4030 ***
4020 Last
3985 ***
3960 **
3942 **
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