Gold Intraday: bullish bias above 4175.00.

Pivot: 4175.00

Our preference: long positions above 4175.00 with targets at 4235.00 & 4260.00 in extension.

Alternative scenario: below 4175.00 look for further downside with 4150.00 & 4120.00 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

4280.00

4260.00

4235.00

4212.69 Last

4175.00

4150.00

4120.00