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| Gold intraday : Critical support closing in |
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| Our pivot point is at 4,398. |
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| Our preference: |
| The downside prevails as long as 4,398 is resistance, with 4,281 and 4,250 as targets |
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| Alternative scenario: |
| Above 4,398, look for 4,449 and 4,480. |
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| Comment: |
| As prices close in on our first target, this level may spark a pullback. However, a definitive break below it could pave the way for a deeper decline. |
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