Gold Intraday: the downside prevails.
Gold (XAU/USD)-24.13-0.56%
short positions below 4372 with targets at 4274 & 4235 in extension.

Pivot: 4372
Our preference: short positions below 4372 with targets at 4274 & 4235 in extension.
Alternative scenario: above 4372 look for further upside with 4405 & 4440 as targets.
Comment: as long as the resistance at 4372 is not surpassed, the risk of the break below 4274 remains high.
Supports and resistances:
4440
4405
4372
4328 Last
4274
4235
4200
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.