Gold Intraday: key resistance at 3985.00.
Pivot:
3985.00
Our preference:
Short positions below 3985.00 with targets at 3913.00 & 3885.00 in extension.
Alternative scenario:
Above 3985.00 look for further upside with 4010.00 & 4030.00 as targets.
Comment:
As long as the resistance at 3985.00 is not surpassed, the risk of the break below 3913.00 remains high.
