Gold Intraday: turning down.
Gold (XAU/USD)-82.65-1.74%
short positions below 4695 with targets at 4540 & 4485 in extension.

Pivot: 4695
Our preference: short positions below 4695 with targets at 4540 & 4485 in extension.
Alternative scenario: above 4695 look for further upside with 4750 & 4800 as targets.
Comment: as long as 4695 is resistance, expect a return to 4540.
Supports and resistances:
4800
4750
4695
4660 Last
4540
4485
4430
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