Gold Intraday: key resistance at 3260.00.

Pivot: 3260.00

Our preference: short positions below 3260.00 with targets at 3202.00 & 3175.00 in extension.

Alternative scenario: above 3260.00 look for further upside with 3287.00 & 3315.00 as targets.

Comment: the upward potential is likely to be limited by the resistance at 3260.00.

Supports and resistances:

3315.00

3287.00

3260.00

3238.39 Last

3202.00

3175.00

3150.00