Gold Intraday: expect 4200.00.

Pivot: 4125.00

Our preference: long positions above 4125.00 with targets at 4178.00 & 4200.00 in extension.

Alternative scenario: below 4125.00 look for further downside with 4090.00 & 4060.00 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

4220.00

4200.00

4178.00

4161.79 Last

4125.00

4090.00

4060.00