Gold Intraday: key resistance at 4615.
Pivot:
4615
Our preference:
Short positions below 4615 with targets at 4555 & 4530 in extension.
Alternative scenario:
Above 4615 look for further upside with 4635 & 4660 as targets.
Comment:
As long as the resistance at 4615 is not surpassed, the risk of the break below 4555 remains high.
