Gold Intraday: Pivot threshold in sight
Gold (XAU/USD)-25.82-0.64%
As long as 4,037 is support, look for 4,121

Our pivot point is at 4,037.
Our preference: As long as 4,037 is support, look for 4,121
Alternative scenario: below 4,037, expect 4,005 and 3,987.
Comment: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend reversal.
Supports and resistances:
4,140 *
4,121 **
4,102
4,045 last
4,037 **
4,005 *
3,987 **
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