Gold Intraday: intraday support around 4036.
Pivot:
4036
Our preference:
Long positions above 4036 with targets at 4089 & 4101 in extension.
Alternative scenario:
Below 4036 look for further downside with 4022 & 4000 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
