Gold Intraday: Aim at 4,160
Gold (XAU/USD)-27.85-0.68%
The upside prevails as long as 4,059 is support, with 4,160 and 4,180 as targets

Our pivot point is at 4,059.
Our preference: The upside prevails as long as 4,059 is support, with 4,160 and 4,180 as targets
Alternative scenario: below 4,059, expect 4,025 and 4,005.
Comment: The setup is in place, with traders now waiting for a catalyst to activate the next leg of the move.
Supports and resistances:
4,201 *
4,180 **
4,160
4,104 last
4,059 **
4,025 *
4,005 **
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