Gold Intraday: First target, continuation or consolidation?

Gold (XAU/USD)
+26.55+0.61%
Our next up target stands at 4,424
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Our pivot point is at 4,321.

Our preference: Our next up target stands at 4,424

Alternative scenario: below 4,321, expect 4,284 and 4,262.

Comment: Price is consolidating just below a key resistance level, setting the stage for an upside attempt.

Supports and resistances:
4,446 *
4,424 **
4,402
4,377 last
4,321 **
4,284 *
4,262 **

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