Gold Intraday: key resistance at 4210.
Pivot:
4210
Our preference:
Short positions below 4210 with targets at 4145 & 4120 in extension.
Alternative scenario:
Above 4210 look for further upside with 4245 & 4265 as targets.
Comment:
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
