Gold intraday: intraday support around 4452.
Pivot:
4452
Our preference:
Long positions above 4452 with targets at 4495 & 4515 in extension.
Alternative scenario:
Below 4452 look for further downside with 4422 & 4400 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
