Gold Intraday: key resistance at 4160.00.

Pivot: 4160.00

Our preference: short positions below 4160.00 with targets at 4045.00 & 4003.00 in extension.

Alternative scenario: above 4160.00 look for further upside with 4215.00 & 4265.00 as targets.

Comment: as long as 4160.00 is resistance, expect a return to 4045.00.

Supports and resistances:

4265.00

4215.00

4160.00

4124.09 Last

4045.00

4003.00

3945.00